Tittle STANDS CORRECTED: FROM “ALWAYS BET SHORT”, TO “ALWAYS BET ON THE PRESENT” or “ALWAYS BET ON THE SHORT RUN”- By Mikkel Roland Egesberg: ()
Why, you might ask? I hate selling short, if you borrow a stock and sell it and hope for it to fall so you can buy it back later on, also known as short selling, it can do the opposite and rise for infinity e.g. and then you have to buy back the stock for an infinite amouth and return the stock to its former owner at some point, as you do with short selling, this could prove rather expensive, so I dont touch short selling currently!
BUT If a company always bets on the SHORT RUN, it will always take on all challenges ahead! By Mikkel Roland Egesberg – BTW FEMA WAS IN NY CITY!
This is not a Commercial for Technical analysis day trading, if it worked, it would work empirical also, show me empiricals on all models and I might believe its not a fraud, but it is, it might work one day, because if everyone uses technical analysis, all would pretty much follow the same trends, and bet on these instead of betting on reality and todays news, this is a commercial for “Day Trading”, bet on the info you have, not what you think you have 5 -10 years from now, so godbye to “extrapolation” if you follow my advise…so too it goes in production, for industrial companies! If technical analysis worked, try giving some stock charts from NYSE or NASDAQ from the period 1992 to 2002 and se how well their models predict the period 2002-2012, I am quite sure it would give reasons to amusement, if they had no knowledge of economic history!
Also By Mikkel Roland Egesberg, inspired by the FISHER equation, saying real interest rate equals nominal interest rate minus inflation, this one is my version, i like it much better:
Real interest rate = Productivity – nominel interest rate