With, of course, all sorts of wild feedback loops as the prophecies
fulfill themselves.
On Nov 23, 2008, at 10:48 PM, David Epstein wrote:
On Sun, 23 Nov 2008, [EMAIL PROTECTED] went:
Why the stock market needs psychics is beyond me. They already have
their own well-established mediums of the money, those who practice
so-called "technical analysis". This is the widespread belief that
where the market is going can be predicted by seeing where it went,
In addition, stock-market reports are the world's main source of
correlation/causation confusion. Nearly every news story about the
stock market contains a blithe causal statement about what drove the
day's trading activity. Usually in the headline.
--David Epstein
[EMAIL PROTECTED]
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