Third, there is likely trend-following behavior among the gurus, which leads to more wrong forecasts than right forecasts.
FORBES: It's Official! Gurus Can't Accurately Predict Markets
The most basic level of OBV analysis is to determine whether it is following the price behavior.
"Governments are already following people's behavior, " he says.
Professional fliers like Randy Petersen of WebFlyer.com and Tom Parsons of BestFares say there's no reason not to scoop up great deals from JetBlue while the prices are low and the carrier is on its best behavior, following a service meltdown after a Valentine's Day storm.
There are online assessments you can take to identify your motivational focus, but you can also get a pretty good sense of it by comparing your own behavior to the following descriptions.
In 1976, Prince Bernhard, husband of Queen Juliana of the Netherlands, agreed to resign his positions with the Dutch armed forces and industry following severe criticism of his behavior by a commission of inquiry into a Lockheed bribery scandal.
Companies experienced an average abnormal stock price increase of .84% in the two days following an announcement of eco-friendly behavior.
Watson's relationship with Tiger Woods will come under intense scrutiny, having criticized the 14-time major winner's behavior on and off the course following his fall from grace in 2009.
CNN: Veteran Watson relishes return to U.S. Ryder Cup captaincy
It boggles the mind to think of how many bank executives over the following years had to sign off on this behavior, and how many internal controls did not exist or were bypassed.
All week I'd think of the conversation I'd have with my parents the following Sunday after church, collecting imagined victories, social engagements, popularity, good behavior, although I had not told them I was going to Mass every Sunday or how little I missed the long silence of Quaker Meeting, only that noon was the best time for them to call.
With the Fox News search following the AP subpoenas, we now have evidence of a pattern of anti-media behavior.
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