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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.310.0%Nov 12 4:00 PM EST

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To: studdog who wrote (29796)10/15/1999 2:21:00 AM
From: milesofstyles  Read Replies (1) of 99985
 
interesting stuffov peaks, patterns, tulips, and panic

mrci.com

Probability distributions estimated largely, or exclusively, over cycles that do not include
periods of panic will underestimate the likelihood of extreme price movements because
they fail to capture a **secondary peak** at the extreme negative tail that reflects the
probability of occurrence of a panic.

Whether Dutch tulip bulbs or Russian equities, the **market
price patterns** remain much the same,' he said.

couple of my favorite greenie quotes tonite. sure glad that correlation isn't high er nuttin, lol.

milesov
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