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  • CE Spending Looks Dismal - But Macs Set to Hit New All-Time High [View article]
    "guliamo": I assume you don't distrust the "questioners", but either the "questions" or the "questionnaires". In either case...

    these are perfectly valid things to ask, and many people certainly have an attitude toward their future consumer spending, ESPECIALLY for the next 2 or 3 months (this is similar to what the monthly Consumer Confidence Index attempts to determine). My god, if you have no idea one way or the other of your short-term purchasing tendencies (and with the holidays coming!) you must live a more chaotic life that most of the respondents.

    Is it absolute? Of course not. Is it valuable, on a relative scale? Might it indicate short-term spending trends? Absolutely.

    I also own Apple stock (and products) and am confident they'll do well. But if investors like the person above maintain such anti-intellectual, emotionally driven responses -- pro or con -- to the various useful information that comes out, then they will only have themselves to blame if trends overtake them.
    Sep 14 10:27 am |Rating: 0 0
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