From experience I remember a lot of lay offs towards the end of 2002...maybe a sign that a rally is imminent.
Technical analysis of Major Markets, F/X, and anything that can be traded This is my diary for trading Views expressed in this are only for educational purposes. They ARE NOT recommendations to BUY or SELL anything!! ALL comments and criticisms welcome.
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Thursday, January 12, 2012
Some contrarian news
USUALLY when these BIG announcements are made, they tend to be near or at the bottom of the cycle. Managements like to EXTRAPOLATE.( Extend the application of (a method or conclusion, esp. one based on statistics) to an unknown situation by assuming that existing trends will continue or similar methods will be applicable)
From experience I remember a lot of lay offs towards the end of 2002...maybe a sign that a rally is imminent.
From experience I remember a lot of lay offs towards the end of 2002...maybe a sign that a rally is imminent.
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