<< One test group must be really smart and the other really dumb>>
Nah. I think the picture is just murky right now, and folks are keying on something. . . anything to give them direction. Some follow TA, where there are conflicting patterns/trends (fer instance, rising wedge but low VIX and VXN or low volume successful retest of the S+P July low but new lows on the NDX, NAZ, OEX, etc). Some follow FA, where if you look long enough, you're bound to find SOMETHING that's positive, though I'm not sure what it is (except, well, the rate cuts will kick in, we're closer to the bottom, and stocks rebound before the economy). Then some simply key on the Freepish Contra Indicator, but I haven't made a prediction for the intermediate term, so I'm of little use to anyone right now.
For a small fee, I will predict. Hell, for a large one, I'll predict three times a day, whether I need to or not.
At least JRI and I have clean offices at this point.
the freep |
