In a bicycle race, the man who came two places in front of the last man finished one ahead of the man who came fifth. How many contestants were there?
...the man who came two places in front of the last man: Let the last three people in the race be x, y and z. This means our man is x and the last man is z and there is y in between them.
... finished one ahead of the man who came fifth: so x is one position ahead of the 5th guy, that means x is in the 4th position.
So if x is 4th position, y will be 5th position and z will be 6th position. So there are 6 people in the race
In a bicycle race, the man who came two places in front of the last man finished one ahead of the man who came fifth. How many contestants were there?
...the man who came two places in front of the last man: Let the last three people in the race be x, y and z. This means our man is x and the last man is z and there is y in between them.
... finished one ahead of the man who came fifth: so x is one position ahead of the 5th guy, that means x is in the 4th position.
So if x is 4th position, y will be 5th position and z will be 6th position. So there are 6 people in the race
Answer: 6
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Importantly, that investor viewpoint is not new. It cycles in when conditions are right (and vice versa). It also brings the ineffective warnings of an overpriced market with it.Looking toward a good 2022 stock market, there is no apparent reason to expect these issues to change.
The lead from Wall Street offers little clarity as the major averages opened lower on Friday and then bounced back and forth across the unchanged line, finally finishing mixed and little changed.The Dow added 33.18 points or 0.10 percent to finish at 34,798.00, while the NASDAQ eased 4.54 points or 0.03 percent to close at 15,047.70 and the S&P 500 rose 6.50 points or 0.15 percent to end at 4,455.48. For the week, the Dow rose 0.6 percent, the NASDAQ added 0.1 percent and the S&P gained 0.5 percent.The lackluster performance on Wall Street came on uncertainty about the outlook for the markets following recent volatility.