After digging to a depth of 100 meters last year, Japanese scientists found traces of copper wire dating back 1000 years and came to the conclusion that their ancestors already had a telephone network one thousand years ago.
Not to be outdone in the weeks that followed, Chinese scientists dug 200 meters and headlines in the Chinese papers read: “Chinese scientists have found traces of 2000 year old optical fibers and have concluded that their ancestors already had advanced high-tech digital telephone 1000 years earlier than the Japanese.”
One week later, the Greek newspapers reported the following: “After digging as deep as 800 meters, Greek scientists have found absolutely nothing.” They have concluded that 3000 years ago, their ancestors were already using wireless technology.
That is how hockey stick market forecasts begin!