SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Berney who wrote (404)6/20/1998 10:14:00 AM
From: smolejv@gmx.net  Read Replies (1) of 1722
 
As Mark Twain said once:
a) lie
b) damn lie
c) statistics

Berney, you say yourself you are "running into a real problem with comparisons". Simply thats the way it is. There's simply no way to squeeze dependable data out of a sample of four. There some ways out/around it:

a) oversample: take several samples of historical data of the foursome. The idea being
the "time" average is equivalent (is it really?...) to the "industry" average

b) acquiesce the uncertainty and see how it propagates into your model: take
average PE 10,20,30,40, or whatever parameter you need and see what difference
it makes at the other end.

There's sooner or later a stone wall blocking our subconscious intentions to make everything predictable. It was very hard for me to swallow back at the university (quantum mechanics, thermodynamics, to mention just a few). But, one get sort of used to it; even Einstein thought "God does not throw dice". You bet she does (g).

Re your musing on intc and csco, the only thing I would add is, some people dont just perceive "value" in cisco. They're (we're) making steady money with it.

I have not yet touched your data goldmine, as it seems you get by without my help. What I would appreciate is (yet another I guess) description of your day-MACD-is-bull vs week-MACD-is-bear (or something of this sort) strategy. Any typical case with these patterns that would help me understand it?

DJ
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News