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To: Patrick Koehler who wrote (33728)5/20/1998 11:02:00 AM
From: DavidG  Read Replies (2) | Respond to of 53903
 
Pat,

The only comment I can make about your study is that a coin has no memory but MU Bulls, bears, and traders do...especially the bears b/c they keep repeating themselves in every one of their posts.<vbg>

Good Luck trading

DavidG



To: Patrick Koehler who wrote (33728)5/20/1998 2:06:00 PM
From: TREND1  Read Replies (3) | Respond to of 53903
 
pat pat
(1)Independent events is what you talked about.
eg: Flip a coin 8 times and get 8 heads. So what is the
probability of a tail on the next flip ?
The answer is 50%
(2) Dependent events...trends in stock prices
eg: Yesterday's price trend is down. Much higher
probability that today's price will be down.
.....And the Federal Reserve studies agree !!!

Larry Dudash


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