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Strategies & Market Trends : Statistically Indicated Buy Signals (SIBS)

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To: Randy L. Carter who wrote ()11/19/1996 11:23:00 AM
From: Millard Schewe   of 12
 
Randy

I just ran across your talk subject on Statistical analysis of stocks. I can't seem to find your table posting. However this is a subject of interest to me. I've just completed reading a book by Clifford Sherry "Mathematics of Technical Analysis" I've used the stattistical tests dexcribed in the book on a few of the stocks I'm currently trading. The outcomes seem to be a little disapointing. All seem to exhibit pure randomness with no underlying rules that can perdict changes over time. Have you seen this book and if so do you have any comments? I may be all wet on my analysis, since I'm not an expert on statistical analysis.

Thanks
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