Have you guys noticed this week.....
Oh my goodness Greece, the Euro....
Facebook couldn't have been worse.....
Guess what, the market and many of the banks haven't made a new trading low this week..... Most are holding the lows they made last week.....
So the markets getting hit with bad news, but has stopped dropping...... at least for now....
Live, trying to keep this on the light side...but you remind me of a commercial on the tv...
"Doctor, Doctor, this man has "risk" coming out his Wazoo"...changed it a little, but you get
Absolutely. And hell, man, I hope you're proved right. I'm just not joining you in that interpretation of theoretical correlation as to where I put my personal money. :)
I sat around here waiting with Z for that "short squeeze" rally and all I have to show for it in retrospect is a cupboard of top ramen. So for me, I'll personally just wait (and lose potential profit) until I see it actually happening before I even consider putting any money on it.
But if you're proven right? Terrific! Love it! Hell, man, I'll finance a parade for you I'll be so darn happy.
I almost literally bet the house on a theoretical correlation between FB and ZNGA, and now my net worth looks like the Z charts over the past two months.
The only thing I'm interested personally, is a tangible correlation that's demonstrated through charts, graphs, and math and most of all? Stock prices.
Wish I could do a side by side. Basically, here's what this says to me. Nothing personally. Pandora has gone through the roof at the exact same time ZNGA has gone through the floor.
Don't know about you, and to each his own, but when if anything we have an -anti- correlation demonstrated by the charts, I hope you'll understand why I just don't care about theoretical correlations when the charts seem to suggest the exact opposite.
Sincerely, am I missing something demonstrated in actual stock prices? Theoretical "should be" correlations have not served me well or many of us around here since mid-march, when it comes to the value of our individual portfolios.
I'm sure you can chart the side by sides better than I can pull it out for you.
When charts math and graphs demonstrate a positive correlation? I hear you. Until that's reflected in the price of P and Z relative to each other, not so much.
Correlation = "null" as in "could not possibly be less demonstrated."
If this link doesn't run the correlation (which doesn't exist) between P and ZNGA, I am sure would never just toss that out there with no basis whatsoever and have a stronger foundation in fact for that suggestion.