Did anyone else catch the technical analyst commentary around 10:45am this morning. They had a guest on who was talking about the Dow and Bradford & Bingley. A chart was shown with a stochastic indicator below.
The presenter asked the guest what was a stochastic indicator.
He replied he did not know, but that when it was oversold it was a good indication to buy.
Just goes to remind us all of the "quality" of some of the city professionals 😆 😆 😆 😆
Just for the record and for the guest's education, the Oxford Dictionary defines stochastic as
"determined by a random distribution of probabilities"
So keep up the good work. The professional opposition is not that brilliant
The presenter asked the guest what was a stochastic indicator.
He replied he did not know, but that when it was oversold it was a good indication to buy.
Just goes to remind us all of the "quality" of some of the city professionals 😆 😆 😆 😆
Just for the record and for the guest's education, the Oxford Dictionary defines stochastic as
"determined by a random distribution of probabilities"
So keep up the good work. The professional opposition is not that brilliant