From: John Conover <john@email.johncon.com>
Subject: Re: *** BLACK FRIDAY ON WALL STREET TOMORROW? ***
Date: 6 Aug 1999 20:36:08 -0000
Avital Pilpel writes:
> > I Ain't gonna let J Adams handle my investment portofolio! Somehow I can't
> > see eclipses being a good indicator of how the market is going to behave.
>
> You might as well.. the *really* depressing part of the story is the fact
> that rather often, predicting the market according to solar eclipses, tree
> stumps, astrology or tarot card - that is, the functional equivalents of
> random guessing - would do just as well as all the pros with their
> super-complicated investment strategies...
>
Maybe the "super-complicated investment strategies" are just another
prediction by lottery mechanism.
I wonder why mixed-mode strategies work so well.
John
--
John Conover, john@email.johncon.com, http://www.johncon.com/