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To: Curbstone who wrote (55191)12/20/1999 12:17:00 PM
From: RocketMan  Read Replies (2) | Respond to of 152472
 
It has been wrong a few times, meaning that the market did not crash, but it has never failed to signal a real market crash in advance.
Actually, every time it signaled a crash over the last couple of years the market has run. About it never failing in a real crash, how many have we had, and how many times has that indicator flashed a crash? If you signal a crash often enough, eventually it will be right.



To: Curbstone who wrote (55191)12/20/1999 8:14:00 PM
From: cfoe  Respond to of 152472
 
The Market Crash Index is 100% mechanical and is provided to us courtesy of IMF. This indicator has never failed to signal before a major market crash.

For me, key to the reliability of the crash index is the source, the "IMF." I have no doubt the indicator has been accurate - in countries that are forced to follow the IMF's policies once it sees a "crash" coming. The IMF's policies are almost guaranteed to produce a crash and lot's of other bad results. Just look at Thailand, Indonesia, etc.

JMTC FWIW