cats have tails dogs have tails some posters certainly even tell...

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crazypunter

5,760 Posts.

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21/11/18

19:28

Post #: 36592807
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Originally posted by madamswer ↑

"To be crystal clear - i think CbA will have a down day tomorrow - what do you think.
Will it be closer to 62$ tomorrow and lets c where it is two weeks from now - if its not under 65 and heading toward 62 then I will lay off cba thread for rest of year."

Being able to accurately predict, on a sustainable basis, where the price of a listed security will, or won't, be in a mere 10 trading sessions is not something that I know how to do (in fact, I know of no one who can, so you might be quite unique in that regard).

As for "i will lay off cba thread for rest of year", why would you want to do that?

This is a forum for discussing and debating stocks. You can stay here for the rest of your life if you want. (But being a forum for debate, don't take offence when some people actually ...uh... debate you.)

But if you do decide to leave the cba thread, to occupy your time and to help disabuse you of the flawed causal logic you display along the lines of:

1. Cats have tails.
2. Dogs have tails.
3. Therefore, Cats are Dogs...

... you might want to read a book called "Fooled By Randonmess - The Hidden Role of Chance in Life and in Markets", authored by Nassim Nicholas Taleb.

Highly instructive publication, and one that I am sure will be of benefit to you.
As I am sure it has been to most discerning readers of it.

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cats have tails
dogs have tails
some posters certainly even tell tales,need i say more?

it's called being 'fooled by randomness' and is protected by 'the establishment' on HC!

cheers crazypunter

Last edited by crazypunter: 21/11/18

CBA Price at posting: $70.06 Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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