Replies

To: gondramB

The hockey stick refers to the reent rate of increase and IF it continues it will be a problem.

On payday, my checking account balance jumps up abruptly, IF that recent (1 day) rate of increase continues, I'll be rich in a year or two.

Performing linear extrapolations from cyclical data is silly.

59 posted on 07/26/2006 9:34:37 AM PDT by 3niner

To: 3niner

>>Performing linear extrapolations from cyclical data is silly.<<

And yet people who invest do look at moving averages in spite of cyclical markets.

65 posted on 07/26/2006 12:45:52 PM PDT by gondramB (“Named must your fear be before banish it you can.”)

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