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Strategies & Market Trends : Waiting for the big Kahuna
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To: Joseph G. who wrote (28457)9/20/1998 9:44:00 PM
From: yard_man  Read Replies (2) of 94695
 
Thanks again. I wasn't just referring to the actual increase in the value of the DOW or S&P.

Clearly, the whole market, if it is thought of as one big dynamical system, is highly nonlinear. As such, moves that appear as straight lines are the exception rather than the rule. Straight lines are simply the tools that some use to apply to analyze aspects of the market's behavior, right?

Cycles, waves, stick figures, whatever description one could employ to describe the markets -- the worst in my book is a straight line.
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