Tuesday, December 27, 2005
Wall Street Cliches
I came across this Wall Street Journal rundown of all those lovely Wall Street cliches and other musings that many financial journalists hear so often. My favorite answer by some lazy brokers was stuff like: "The market is up because there are more buyers than sellers..." (No D'uh). This article goes through some more sophisticated items, like the "Dead Cat Bounce" or "Buy the Rumor, Sell the News".
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