Stock Watch 12.7.11 ” Zeno’s Paradoxes”
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Zeno’s paradoxes were a set of problems devised by Greek philosopher Zeno of Elea . The theory was ,contrary to the evidence of our senses, the belief of view is mistaken, and in particular that what you see is your view of reality. That sentence was super confusing but hold on there is a lesson, and that lesson is AMR. AMR loses money by the second, lays off employees by the day, is in the worst profit margin business in the universe ( Airlines) and recently filed for bankruptcy. Knowing that you would not expect that the companies stock would increase by an unbelievable +75% on the day but that is exactly what it did!
You see this is where new traders and especially fundamental analysis go wrong. I’ve always said in trading , what you think, believe or what by logic SHOULD happen versus what ACTUALLY ends up happening are sometimes 2 very different things. Traders who focus on the now and the reality of what is happening in the now will far outperform those who waste time trying to figure out WHY a situation is happening rather than just going with the flow and adapting to it.
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