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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (14059)	2/3/2007 8:32:36 PM
From: Seeker of Truth	Read Replies (1) \| Respond to of 217573

When we have 10,000 professional predictors we're almost certain to find somebody who picks the right time, once. The chance that he will repeat is or course negligible. Remember the "incubator" funds? Privately launch a 100 separate portfolios; one of them is the best. The one that turned out best is sold to the public. The fund company doesn't forget to remind the interested little investors about the sterling record. The other 99 collections are discarded.

To: TobagoJack who wrote (14059)	2/4/2007 9:56:40 AM
From: Moominoid	Read Replies (1) \| Respond to of 217573

Was it Feb 27 or 7? I seem to have gotten mixed up... anyway check the charts: stockcharts.com stockcharts.com Check the beginning of May 2006 to recent days' action. Especially the divergence between the NASDAQ and other indices... Looks like a decent chance for a mini-crash this coming week.... NDX doesn't look like exceeding the January high before the stochastic starts heading down. Of course there can always be surprises, with my model and trading techniques (something I call "overnight trading" - I developed in the last couple of months and since then start to make consistent profits...) I should be in the right direction when it happens or at least not too long :P The NYT is for some reason make a big fuss about the productivity number on Wednesday morning: nytimes.com This number isn't usually so important, but it is just at the right time to trigger the beginning of a downtrend.