Mafeking

Sobering Stat: ARMS Index Indicates Market Is at Peak, Not Bottom

I am a well known coin toss expert that uses a proprietary coin toss methodology: heads the market goes up; tails the market goes down.

I tossed the coin for the coming week and the coin came up heads. Obviously that is rubbish so I kept tossing. On the fourth attempt the coin came up tails.

I declare that my methodology (which is close to the ARMS approach of evidence based analysis) suggests the market will go down this coming week.

Please note: the tossing method described in this posting should not be confused with simple coin tossing using a hand. All coin tosses were done using the proprietary Mafeking Tossometer that removes human 'thumb' bias.

Wall Street Breakfast: Must-Know News

Perhaps the funniest moment of the whole financial debacle so far was Barney Frank's demand that those responsible for the mess should be charged and jailed.