Monday, December 19, 2005
HOW STOCK MARKET WORKS
It was autumn, and the Red Indians on the remote reservation asked
their New Chief if the winter was going to be cold or mild. Since he
was a Red Indian chief in a modern society, he couldn't tell what the
weather was Going to be. Nevertheless, to be on the safe side, he
replied to his Tribe that the winter was indeed going to be cold and
that the members of the village should collect wood to be prepared.
But also being a practical leader, after several days he got an idea.
He Went to the phone booth, called the National Weather Service and
asked "Is the coming winter going to be cold?" "It looks like this
winter is Going to be quite cold indeed," the meteorologist at the
weather service Responded.
So the Chief went back to his people and told them to collect even
more Wood. A week later, he called the National Weather Service again.
"Is it Going to be a very cold winter?" "Yes," the man at National
Weather Service again replied, "It's definitely going to be a very
cold winter."
The Chief again went back to his people and ordered them to collect
Every scrap of wood they could find.
Two weeks later, he called the National Weather Service again. "Are
you Absolutely sure that the winter is going to be very cold?"
"Absolutely," The Man replied. "It's going to be one of the coldest
winters ever."
"How can you be so sure?" the Chief asked.
The weatherman replied, "The Red Indians are collecting wood like
Crazy."
This is how stock markets work!!!
|| Pixelnerds, 3:45 AM
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