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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (16083)	2/5/2003 1:51:22 PM
From: Terry Whitman	Read Replies (2) \| Respond to of 19219

Look at the statistical BS this guy performs in his article. IT'S SO HYPOCRITICAL IT MAKES ME LAUGH. He dismisses half of the 3 yr- peak occurances because they don't 'fit' his picture of what's gonna happen. >Of the four consecutive 3 year historic peak return periods listed in the table above, we really dismiss 1935 and 1906 has having meaningful significance. In both instances, these returns were generated within one to two years of prior bear market bottom moving three year rate of return lows. They were simply price snapbacks< Just like most economists do, he's 'fitting' the data and selectively presenting it to match his expectations. It's simply human nature, and we all do it at times.