How high would the dow have to move for your analysis to change?
What-- you're asking for a falsifiable claim? Good luck.
I noticed Jeff's stuff over on Zeev's thread, and it looked very interesting to me at first, but now it's all sounding very familiar. Jeff uses just as many hedged predictions, just as many "re-evaluations" as Zeev does. He says the market could go up, down, or sideways, depending on what "da boys" are up to, and then when the market goes up, down, or sideways, he explains how Da Boys caused it.
It's not hard to be a successful market prognosticator. All you have to do is "call" everything that could possibly happen -- "the market will go up, down, or sideways, depending" -- and then no matter what happens, hey, you called it!
Jeff has plenty of good insights into market action, no doubt, and I value much that he says, but it makes me smile when I see him doing all the same things for which he was so critical of Zeev.. :-)
ig |