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Strategies & Market Trends : The Great Coin Toss Experiment II

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To: Sojourner Smith who wrote (120)4/17/2003 10:32:55 AM
From: fut_trade  Read Replies (2) of 188
 
"I have backtested it over 6 years and believe it or not:
it is correct 100% on every pick"

I don't think there are repeatable patterns in the stock market. I have searched billions of patterns using over 100 years of stock and index data, and I've come to the conclusion that on any particular day any particular stock has about a 50% chance of going up or down.

It's true that by using heavy filtering and limiting data to a few years, one can find a "pattern" with a high win % or high return - but in the future, that pattern will never match those historical results again.
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