07-24-2009, 09:30 AM
Its both, a leading indicator, based on speculation, that is corrected (Lagging) as reality hits. I view the stock market as a 6 month window of constant speculation and correction to reality. That window travels about 1 week in the rear, to 6 months in the future.
Its funny how speculation slowly rises, (or falls) but reality shoots directly to the point.
Its funny how speculation slowly rises, (or falls) but reality shoots directly to the point.
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
"If you want to change the world, be that change."
--Gandhi