Red Indian way of analysing the stock market.

My wife forwarded the below short story and she aptly named it too as the Red Indian way of analysing the stock market.

I will say this happens every time in the market and we just have to be careful about the happenings and the impact of various incoming news,views and opinions. Any decision which we make should at least be based on part self research. Lot of my clients ask me what is that an investor should look in the market, the ideas, opinions, company news, economy, projections, growth numbers etc that's lot of it how to filter it.
I will soon be coming up with an article the things an investor should look at in a stock market till then just enjoy the short story and as usual keep reading.


The Red Indian way of analysing the stock market.
It was autumn, and the Red Indians on the remote
reservation asked their new Chief if the winter
was going to be cold or mild.

Since he was a Red Indian Chief in a modern
society, he had never been taught the old
secrets, and when he looked at the sky, he
couldn't tell what the weather was going to be.
Nevertheless, to be on the safe side, he replied
to his tribe that the winter was indeed going to
be cold and that the members of the village
should collect wood to be prepared.

But also being a practical leader, after several
days he got an idea. He went to the phone booth,
called the National Weather Service and
asked "Is the coming winter going to be cold?"

"It looks like this winter is going to be quite
cold indeed," the meteorologist at the weather
service responded.

So, the Chief went back to his people and told
them to collect even more wood in order to be
prepared.

A week later, he called the National Weather
Service again. "Is it going to be a very cold
winter?"

"Yes," the man at National Weather Service again
replied, "It`s definitely going to be a very
cold winter."

The Chief again went back to his people and
ordered them to collect every scrap of wood they
could find.

Two weeks later, he called the National Weather
Service again. "Are you absolutely sure that the
winter is going to be very cold?"

"Absolutely," the man replied. "It`s going to be
one of the coldest winters ever."

"How can you be so sure?" the Chief asked.

The weatherman replied, "The Red Indians are
collecting wood like crazy."

P.S The source of this story is unknown. I have received it as a mail forward.