« Sovereign Wealth Funds => Stocks Weaken Faster | Main | Me Media »

Latest Stories

• Excel Wankers and Recession Averages
• Sorry, New York is Closed. Check Back Later.
• Catching Falling 2009 Earnings Estimate Knife
• Survivorship Bias in Global Markets
• Talking Positions on a Lazy-ish Retirement Portfolio

July 30, 2008

Seismographs Cause Earthquakes. Q.E.D.

In yammering with friends today about the merits of equity technical analysis I got to thinking about earthquakes and seismographs. Why? Because it is less well know than it should be, but seismographs cause earthquakes.

Number of earthquakes reported worldwide (Source: USGS):

• 1932: <3,000
• 2007: >23,000

Combine the preceding with the fact that the number of seismographs worldwide grew from under 350 to over 4,000 during the same period -- an 11-fold increase -- and you have all the proof any sober-minded person could need: Seismographs cause earthquakes. Q.E.D.

Sphere It   |   Digg it   |   Bookmark it   |   Stumble it   |   Facebook it