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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Joshua Corbin who wrote (34403)10/31/2000 9:59:42 AM
From: donald sew  Read Replies (2) of 42787
 
clstamper,

>>>> So there is a 50% chance that both the DOW and NAZ will be heading in the same direction. There's also a 50% chance that they will be in different directions.

One man's sector rotation is another man's random walk down Wall Street! <<<<

Mathematically, you are absolutely correct, but how many of the J6P think that way. I do, and it appears that you have that ability, but to expect J6P who do not watch the market all day and hold a 9-5 job, do not approach the market with such an analytical view. I still know plenty who dont even have a clue what a trendline is, nor do they care to learn when I attempt to explain. Most of the time I hear from J6P is regurgitation of what a certain analyst recommended.
Sector rotation to them just means that their analyst is saying to invest in another area.

So as you say, it is a random walk for some, I agree, but would add that its a very few. For J6P it aint no study of mathematics, but more like "my broker/analyst said to move my money from here to there. Wheres the randoness in that?
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