statistical prediction for sp500...

  1. 436 Posts.
    hi kiddies,

    usefule bit of statistical work at the following link for those interested - updated 17 July 2003...

    http://www.ess.ucla.edu/faculty/sornette/prediction/index.asp#prediction

    seems to indicate a big fall is coming up for the US markets... relevant to the ASX inasmuch as such a big fall in the US markets will also crump our markets in sympathy...

    also helps a lot to know where the bigger trend is heading - doesn't matter which way, so long as you're going with the flow...

    .. how soon? I reckon the XAO is already primed for a fall, and should start down on Monday... meanwhile the DJI & the NASDAQ will probably diverge in the next couple of weeks, setting them up for a brisk fall into September...

    ... at least, that's what I think...

    regards,

    Ultrafart.
 
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