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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Crimson Ghost who wrote (91063)7/3/2002 4:31:08 PM
From: 16yearcycle   of 99280
 
More than just an intermediate bottom?

It's interesting that there is a pretty solid history of the nas bouncing hard whenever the fed model shows -20%. Maybe the ppt has a standing policy to intervene at those times, regardless of the obvious flaws in the model. It has been consistent with AG's leadership, and he is an admitted fan of the model. And this could explain why the model wasn't very effective back tested prior to 1980, years before AG.
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