Friday, December 6, 2013

Stocks prediction voodoo!

Many think that prediction of stock price is the same as finding the force using the formula F=ma (that is, is deterministic as opposed to probabilistic). I just might have been, provided we were not dealing with people, a whole mass of them, jumping up and down the throat of the stock exchange. Any attempt to do so is nothing better than letting a monkey pick a winning stock, by letting him throw a dart at a chart, with stock symbols on it, a fact that many sane thinkers have been (though they have always been ignored and brushed aside by the charging hordes (both advancing and retreating) trying to put across. Stocks prediction is not a science though many would want you to believe that it is.
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