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I don't believe that was the point Ira was trying to make.
Bob
-----Original Message-----
From: Kent Rollins <kentr@xxxxxxxxxxxxxx>
To: realtraders@xxxxxxxxxxxxxxx <realtraders@xxxxxxxxxxxxxxx>
Date: Sunday, July 02, 2000 11:16 PM
Subject: [RT] Re: corn and the market
>You only cite 2 instances here. And '87 was defintely a crash, but it
>wasn't followed by an increase in inflation. From a purely statistical
>standpoint, you could make a better argument for linkage between the
>performance of a sports team or league and the equity markets. There might
>be a correlation, but more than 2 occurences over a 30 year period are
>required to reinforce the argument in the absence of a fundamental
>explanation.
>
>Kent
>
>
>-----Original Message-----
>From: Ira Tunik <ist@xxxxxx>
>To: realtraders@xxxxxxxxxxxxxxx <realtraders@xxxxxxxxxxxxxxx>
>Date: Sunday, July 02, 2000 11:56 PM
>Subject: [RT] corn and the market
>
>
>I have seen in this group many different correlation's of the sun,
>planets, time lines, volume, ADX and other indicators with the
>performance of the various indexes. Has anyone looked at corn? If you
>back test and fit, will you find that the low of 112 in the early 70s,
>pre-inflation, the low of 150 in 1987, pre-crash, and the upcoming low
>have any relationship to an upcoming run of inflation or market crash.
>If you are looking for reasons for the market to go one way or another,
>there is always something that will reinforce your opinion. It is best
>not to have an opinion when you trade and if you are in doubt, exit the
>positions, and look at the situation with an unbiased view. Most
>traders get into the worst trouble when they try to defend a position
>they have taken. Initial stops help, mental stops are the worst. Have
>a good week end. Ira.
>
>
>
>
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