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"Jay Mackro" <jmackro@xxxxxxxxxxxx> wrote:
> All that I believe you can say from the chart attached to your
> message is that the trend had been downward leading into Friday,
> and that a polynomial projection would continue to point downward.
> Is that a "prediction"? Not in my book.
Right. A polynomial projection is no more a prediction than a
trendline is. Think of a polynomial projection as a "curved"
trendline.
Prices might follow trendlines, or they might not. Same with the
poly projection.
Gary
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