Author Topic: Understanding the market and predicting the future is tough  (Read 3342 times)

Offline ohcnetwork

  • Bronze Member
  • **
  • Posts: 95
    • Online Degrees
Understanding the market and predicting the future is tough
« on: January 11, 2006, 10:08:17 pm »
I see a couple of online ads advertising new websites providing information about new houses on the market.  Seeing these ads, I can tell that, when they started developing these websites, real estate was really booming and you couldn't find your home so easily.  You had to spend a lot of time to look for one.  Real estate market isn't dead, but it's cooling down.  Consequently, it's a bit weird to see ads advertising websites that  supposedly email you when a new house is listed on the market presuming that the house will be sold in a day or two.  Understanding the market and predicting the future is tough.

Offline adi

  • Blue Ribbon Member
  • *
  • Posts: 27
    • The Environment Site
Re: Understanding the market and predicting the future is tough
« Reply #1 on: January 17, 2006, 03:21:11 am »
The markets, as with many other complex systems, are inherently chaotic, so predicting how they'll behave is a tricky business akin to predicting the weather for the coming year.  You can make educated guesses but thats all they are.

Offline Scolls

  • Blue Ribbon Member
  • *
  • Posts: 11
    • MassDebation.com ~ No Ordinary Debate!!!
Re: Understanding the market and predicting the future is tough
« Reply #2 on: January 19, 2006, 01:07:56 pm »
Even predicting the weather for tomorrow! ...never mind for the next 50 years.
Seems more like a game you get better at the more you play.