It is indeed interesting how these projections are being made.
I was wondering, on the DOW, have you tried running it on data upto say 1982, 1990, 2000 and see if the projections match closely with what actually happened.
I will post a chart of the DJIA with data up to 12/31/99 to illustrate the predictive value. You can see that the max/mins are better predicted than the actual magnitude of price.
2 comments:
It is indeed interesting how these projections are being made.
I was wondering, on the DOW, have you tried running it on data upto say 1982, 1990, 2000 and see if the projections match closely with what actually happened.
I will post a chart of the DJIA with data up to 12/31/99 to illustrate the predictive value. You can see that the max/mins are better predicted than the actual magnitude of price.
Post a Comment