platform shoes and bear markets

Bob Morris bobmorris at mediaone.net
Fri May 11 21:56:30 PDT 2001



>>>EWT founder Robert Prechter argues that you can analyze the stock
>>>market by following cultural trends. Punk is bearish. Girl groups are
>>>popular during corrections.

Victor Neiderhoffer, in Education of a Speculator, explains cogently why mapping two stock charts together and discovering "similarities" is often just looking at random noise. Much less plotting the Dow to something unchartable like punk.



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