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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?


To: Wyätt Gwyön who wrote (3875)12/19/2003 8:35:48 AM
From: pointsman  Respond to of 4905
 
imo one would have better luck tracking the Poisson distribution of Slothrop's conquests to predict future market movements.

ROFL



To: Wyätt Gwyön who wrote (3875)12/19/2003 12:23:07 PM
From: benwood  Read Replies (1) | Respond to of 4905
 
You are misconstruing "luck" with "probabilities":

"the fact that Prechter failed miserably in his earlier predictions may mean he's on the money now. after all, he's due for some random success"

If you have an event that's a 1-in-36 chance and it has not come up for 1000 consecutive rolls (say, 6-6 on a pair of dice), what odds that the next roll will be box cars? Do you think it's greater than 1-in-36? If so, I want to visit your casino!



To: Wyätt Gwyön who wrote (3875)12/19/2003 2:20:46 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 4905
 
Nice....sly GR reference there!<G>

<<imo one would have better luck tracking the Poisson distribution of Slothrop's conquests to predict future market movements.>>

EDIT: I see Pointsman caught it right away!<G>