Archive for March 16th, 2010

Avoid ‘Pre-news’ Whipsaw – Be Patient and Apolitical

Tuesday, March 16th, 2010
Avoid ‘Pre-news’ Whipsaw – Be Patient and Apolitical

What do the health care plan, Chinese currency exchange and Wall Street regulation have in common? They are all popular “pre-news” stories. Negotiating stances, trial balloons and political posturing are reported as news, but they are preliminary pronouncements that precede the real news – i.e., the final conclusion. Congress’ health care plan activity is... »

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