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<SPAN
class=870115022-19102003>forest (:-)
<SPAN
class=870115022-19102003>
<SPAN
class=870115022-19102003>what kinds of tradable market behavior should we
be looking at/for that transcend the "short-sighted view of history" we
*shouldn't* be looking for?
<SPAN
class=870115022-19102003>
<SPAN
class=870115022-19102003>dave
<SPAN
class=870115022-19102003>
<BLOCKQUOTE
>This
makes me want to ask what your longest possible time frame is ?--- In
amibroker@xxxxxxxxxxxxxxx, "Dave Merrill" <dmerrill@xxxx>
wrote:> well yes, you're right, the same stuff is always happening.
prices go up,> prices go down, and they always have.>
> but that's not useful info to trade on. what we care about is
trends of some> kind that can be predicted/hoped to continue or
reverse in some particular> time frame. that's knowledge we can
profit from. and those trends come and> go constantly, on every
time scale. these shorter-term moves are what we> trade.>
> here's my question I guess: if I only see behavior that never
changes over> the longest possible time frame, what do I see that I
can use?> > dave> There are a lot of
questions and provacative statements in your post,>
only one of which from my perspective needs an answer/response.>
> Market behavior will continually change after that
...> > Change ? from what ? into what ? I guess this
is the part I don't> follow. To me there is nothing
new in market behavior now that> didn't exist last month,
last year, last decade, last century, but> clearly those
that take a short sighted view of history and the> market
action that made up that history will clearly never see
it.> It's a forest and trees thing
...
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