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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: yard_man who wrote (16076)2/5/2003 1:37:00 PM
From: Terry Whitman  Read Replies (1) of 19219
 
>you really don't make investment decisions on things so shallow, do you??<

Not generally- but I think it helps put things in context to apply some mathematical logic to a situation when everyone else is basing their decisions on pure emotion. When someone says the odds are HIGH that we will hit new lows, without backing it up with any statistical analysis whatsoever- I'm gonna call em on it.

So tell me Einstein, WHY are statistics based on past bear market lengths useless??

BTW, Did I tell you to GFY.
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