Do you know why they do this?
Because of psychology.
Numbers have impact on how we think.
People automatically round down to first digits.
Dow is above 7000. Imagine the impact if it went to 6999.
The way they price things in retail
Started by
dcengr
, Feb 27 2009 02:31 PM
2 replies to this topic
#1
dcengr
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Posted 27 February 2009 - 02:31 PM
Qui custodiet ipsos custodes?
#2
HoseB
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Posted 27 February 2009 - 02:34 PM
PPT might be in here trying to make sure we don't see a "6-handle" on Dow..
40,000 headmen couldn't make me change my mind....
#3
dcengr
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Posted 27 February 2009 - 02:45 PM
PPT might be in here trying to make sure we don't see a "6-handle" on Dow..
Where were they 7000 points ago?
Qui custodiet ipsos custodes?
