Dollars and Jens
Wednesday, June 30, 2004
 
Jargon
Oil prices are down below $36; a technical analyst has commented that it's "testing resistance", which tends to mean it will go back up, unless it doesn't, in which case it won't.

I've recently seen "pro-forma earnings" defined as "how well the company might have done if it hadn't done as badly as it did".

In all honesty, neither term has to be as meaningless as I've made it out to be, but, in practice, they often are.

- posted by dWj @ 7:30 PM
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