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(I am attempting to attach several small graphs to this note. If I have
been unsuccessful, I'd appreciate the advice of others on how best I can do
so).
The following eight charts are broken into two groups. Four of the
(randomly placed) charts are actual charts of stocks covering a chosen 2000
day period on the ASX. The other four are totally random, i.e. they have
been developed using a simple random number generator that equates to the
toss of a coin to determine whether the price went up or down on any single
day over the 2000 day period.
Would anyone care to try and identify which are the four actual charts and
which are the random charts?
Please note that this is not meant to be anything more than a bit of fun. I
am not trying to make any particular point, although I might say that when I
borrowed this idea from David Aronson's book "Evidence-Based Technical
Analysis" and tested it for myself, I drew some conclusions that might be
considered heresy by some.
John
[Non-text portions of this message have been removed]
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