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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: JRI who wrote (44336)3/27/2002 5:11:21 AM
From: sean sanders  Respond to of 99280
 
Sure :)
but perhaps he's talking about a 'step' in the right direction.

lets put it this way ... using a medical examination as a example ...
patient comes in with a problem; the doctor examines patient
basically the doctor is going to factor in many different things to come up with a diagnosis of the patient he's going to take into account:
1. history; which includes recent trauma (illness), past history, family history
2. physical examination of the patient; how likely his examine correlates with his suspected findings ie pain shooting down the leg into the foot suggesting a disc lesion (but it doesnt mean it IS a disc lesion).
3. using diagnostic tools to help access the problem; ie xrays, cat scans, MRIs etc etc
4. perhaps the doctor even goes to textbooks for help in helping with classic signs of this condition that patient is presenting with
5. perhaps the doctor even consults with his associates (something similar to what we do on SI everyday)

So all the above helps the doctor give his best educated guess on what this patient is suffering with and the doctor has to come up with a diagnosis. Mainly for insurance purposes but I'm sure some doctors might question weather there may be more then one underlying cause or even a condition this doctor wasnt aware about.

My point is; T.A. reminds me of the above. We start out with a a chart and some squiggly lines. Soon we are doing the same process as the above in helping determine what we think the diagnosis for the stock/market is.

Sean