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Fundamentals always take over
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KellyJ
Posted 9/9/2015 13:41 (#4779713 - in reply to #4778974)
Subject: RE: Fundamentals always take over


Wisconsin
jpartner - 9/8/2015 23:32

... His chart crushes the idea that the market is unpredictable. ...



It does nothing of the sort!

As far as I can tell, this is just one man's guess that happened to mostly agree with market direction for that time; I call that coincidence. Certainly many others contributed equally valid guesses that did not agree. Anyone can produce a guess about market direction, and every guess has a quantitative probability of becoming reality. The important point is consistency of prediction with a consistently positive result.
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