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