Future of stock market

[Ed_The_Gypsy]

Just in case somebody missed something...

Curve-fitting stock market data stops working at the last data point. There are umpty-bazillion curves that can be "fit" to any group of data. A perfect fit to "N" data bits can be had with an "N" order equation, but projecting datum N+1 using that equation does not work. Then, of course, you can change "N". Do you want to count the Dow (for example) at the end of the day? At the end of the week? The end of the month? Every half-hour?

When I was a kid, Science magazine had an article where a table of random numbers was identified as the fertility of unicorns and was eventually correlated with the phases of the moon. I kid you not.

But some NEED to believe. I can help you-all. I have to tools to curve-fit anything you want. $100 US/hr. Faith-based investment advisor. Off-shore, too. (How do you get a million dollars in Belize? Come in with two million.) Let me take you for a ride. help you with your lamentably, non-deductable losses investments. Past performance is no indicator of the integrity of the sponsor. ( I am sorely disappointed at the limited response to my offering of swamp land in Florida.) I will happily sell you no-load funds through my unlicensed brokerage for an 8% sales charge. Won't you please let me churn your account?

Honest John Fox
(Who remembers Walt Kelly's classic? Two points if you can name the gator with the cigar. Two points if you can name the turtle.)

[REWahoo]

Quote:

Originally Posted by Ed_The_Gypsy (Who remembers Walt Kelly's classic? Two points if you can name the gator with the cigar. Two points if you can name the turtle.)

From Pogo: Albert Alligator and Churchy La Femme the turtle. "We have seen the enemy and it is us."

REW

[MRGALT2U]

Quote:

Originally Posted by REWahoo! From Pogo:* Albert Alligator and Churchy La Femme the turtle.* "We have seen the enemy and it is us." REW

The POGO line is great! He was paraphrasing a line by Oliver Hazard
Perry at The Battle of Lake Erie (War of 1812):

"We have met the enemy and they are ours!"

JG

[P.S.]

Quote:

Originally Posted by Nords I research anything that Brewer is buying, and I've learned that I have to be quick about it, too!* I'm still watching MOVI, DLX, & PLMD....If we were going to buy other international funds then I'd buy Third Avenue (which I believe is closed) or the ETF EFA.

Thanks Nords; really appreciate the thorough answer.

[Spanky]

Quote:

If we were going to buy other international funds then I'd buy Third Avenue (which I believe is closed) or the ETF EFA.

How about EPP?

[Nords]

Quote:

Originally Posted by Spanky How about EPP?

Sure, don't go to Japan if you don't want to. But I suspect that Tweedy has been liquidating fully-priced European stocks and buying Japanese stocks with single-digit P/Es.

I don't think I'd have the personal research skills or the guts to do so, but that's why we're giving Tweedy 1.37% of the annual results...