The Ignorant Investor
Ignorance Can't Stand in the Way of My OpinionWednesday, October 26, 2005
What the Heck is a Swing Pivot?
Seen in my daily free e-mail from TheStreet.com:
On Tuesday's pullback, the S&P held above the Quarterly Swing Pivot of 1183.55.
I am an ignorant investor. I know that. But whenever the jargon starts flying in an article, I tend to put down the paper and look elsewhere for answers. Anything involving the market that can't be quickly explained in a sentence or two is something an investor like me shouldn't go near. Run a search on the term "quarterly swing pivot" on Google, and you'll see this:
Your search - "Quarterly Swing Pivot" - did not match any documents.
So did they just make this term up, or what?
On Tuesday's pullback, the S&P held above the Quarterly Swing Pivot of 1183.55.
I am an ignorant investor. I know that. But whenever the jargon starts flying in an article, I tend to put down the paper and look elsewhere for answers. Anything involving the market that can't be quickly explained in a sentence or two is something an investor like me shouldn't go near. Run a search on the term "quarterly swing pivot" on Google, and you'll see this:
Your search - "Quarterly Swing Pivot" - did not match any documents.
So did they just make this term up, or what?
posted by Worker 17 # 10:05 AM 
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