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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: Alex MG who wrote (16039)2/5/2003 9:18:03 AM
From: Terry Whitman  Read Replies (5) of 19219
 
Based on the lengths of previous bear market periods (highs to lows) 1917 to 2000, I figure that the odds are strong that we will NOT see new lows.

In fact, the statistical probability that the low is NOT yet in- is now less than 10%. Data based on 20 four year cycles. Mean length has been 11.25 months, std. deviation of 8.56 months. Current count from high is 37 months.

You can make alot of money if you win at 10-1 odds. But most of the time you will lose..
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