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A quick word on the Momentum Article

In Uncategorized on March 11, 2013 by tomtom577

Please contact me through the blog for the full article; here it’s protected by another’s copyright.

 

Regards to all readers.

 

The Tomtom

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Earnings Expectations

In Uncategorized on July 20, 2010 by tomtom577

Another category of momentum model is based on consensus estimate revision data and earnings surprise. This approach is as old as organized securities markets. Keynes pointed out in The General Theory (Chapter 12)”an investor can legitimately encourage himself with the idea that the only risk he runs is that of a genuine change in the news over the near future, as to the likelihood of which he can attempt to form his own judgment, and which is unlikely to be very large.” Therefore, the value rationale that will appeal to earnings momentum money managers is the one that closes the gap from “Street” expectations to the current business picture. This contrasts with the value rationale, which would appear to the fundamentalists, which closes the value gap from current price to the achievements your company has already made, compared to the competition or other standard you want to use.

And why is this useful? Keynes points out later that this approach is appropriate because of the very existence of an organized market–who would sell today if he thought the price would be 25(shillings in his time) next week compared to 20 today? And it appears that the existence of an organized market with instant liquidity helps business raise capital. Who would buy stocks and bonds if they were as difficult to trade as is real estate?

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”Wednesday afternoon practice”

In Uncategorized on July 7, 2010 by tomtom577

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July HTML practice-thoughts on Euripides’ Helen

In Uncategorized on July 6, 2010 by tomtom577

The Mountain Mother Ode (1301-1368) of Euripides’ Helen has plagued scholars for years. In consulting some ten scholars on the meaning of the ode, I found ten different opinions. This controversial ode inspires comments which characterize the ode as anything from a mindless fill-in to a deep ode following a brilliant pattern in an imagistic movement from death to rebirth. Some scholars will understate, others overstate their cases. The only undisputed comment one can make about the ode is that it is “interesting.”

 
 

My opinion is that the ode is a vaguely written comment about man’s relationship with the gods. The ode is purposely veiled in syncretism in its first three stanzas, and in the final stanza gives an admonition to an unnamed maiden who did not make the holy sacrifices, and in not performing them, may have incurred the wrath of the “goddess”

 
 

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Web page development practice

In Uncategorized on May 31, 2010 by tomtom577

SCENE I. Venice. A street.

Enter ANTONIO, SALARINO, and SALANIO

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Html practice

In Uncategorized on May 5, 2010 by tomtom577

Ανδρα μοι εννεπε, Μουσα, πολυτροπον, ως μαλλα πολλα πλαγθη

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In Uncategorized on May 5, 2010 by tomtom577

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