Monday, January 7, 2008
Trying to predict the future
Looking down the road is always a good idea if you want to know where you are going and avoid any problems. And you can look in a rear view mirror to see where you have come from and, more importantly, what dangers may lurk behind you. Trying to look down the road for direction in markets is of course different then driving a car. But many analysts try, including me, because being able to anticipate or analyse dangers that may lie ahead is important for everyone's financial health.