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Hello Leslie,
LW> History does not re-occur in the same sequence in the future as it
LW> occurred in the past. Thus, correlation, between markets change
LW> constantly.
that goodness "someone" was able to finally put into words the exact
reason these basket models being sold are mostly well thought out
mathematical moving target (meaning changing portfolio and position
size) scams.
btw i feel the same about forward walk, myself.
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Best regards,
Mark mailto:markbrown@xxxxxxxxxxxxx
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