CROPS
January 24, 2013
The great sages tell us that all things seek balance. "Seeking balance" implies at least some swinging back and forth across some "perfect" point, tracing a sinuous line as momentum rises and falls.
With a little contemplation, the natural movement of the market becomes "intuitively obvious", as Professor Pyle, my old statistics instructor often said. It sure is easy to see a trend when one is looking backward in time.
Thus a problem is created for us human beings, as we are all hard-wired to quickly identify patterns in things. The end of the trend is the tough call, especially when a di...
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