Lawful Evil (lawful_evil) wrote,
Lawful Evil
lawful_evil

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Stocks

I noticed in this month's Money that Raytheon was listed as one for 5 picks for Growth and Income stocks. They listed the price at $37.61 and when I checked today to see if the price had risen as a result of the advise, I found the price at $36.95

Obviously Wall Street doesn't agree with the pick. I've found over the years that Raytheon is backwards. If the company annouces a 50% increase in profits for the quarter then the price of the stock will drop. This is just another example.

The only predictor I have found for the stock price, is that the price will rise every other Thursday when paychecks are issued to Raytheon employees. This predictor is not perfect, but seems to work better than 50% of the time.
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