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URL:  http://boards.fool.com/jrr7-is-your-pronouncement-that-quotanyone-15589457.aspx

Subject:  Re: Where are rates going? Date:  8/18/2001  12:11 PM
Author:  imcharliehm Number:  1972 of 35576

jrr7,

Is your pronouncement that "Anyone... will be wrong more than half the time" the product of extensive research and scholarship, or merely a bit of divine inspiration that you feel compelled to share?

Think about what you are saying. If such a claim were true, then "anyone" would merely have to make a prediction and do the opposite to have a viable trading system for trading interest rates.

No one claims interest rates are easy to predict and a lot of smart traders/investors don't even attempt, prefering merely to react to what the market is doing rather than guess what it will (or should) be doing. But that doesn't obviate the need to make plans and decisions, which I'm assuming was the intent of the original question, to which your second sentence was a very astute reply, and might be translated this way:

Map out what you see are the likely events and plan your investments