Doomster market set to fall in the 2nd half 2010
Aug 13th 2010, 12:10 pm
#1
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Doomster market set to fall in the 2nd half 2010
There's been a definite fall off in the doomster market as predicted cataclysms fail to eventuate.
No Australians have been hurt so we'll move swiftly onto AFL news.
No Australians have been hurt so we'll move swiftly onto AFL news.
Aug 13th 2010, 2:16 pm
#2
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Aug 13th 2010, 9:05 pm
#3
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Re: Doomster market set to fall in the 2nd half 2010
Collingwood to win the GF? 
Aug 15th 2010, 4:06 am
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Re: Doomster market set to fall in the 2nd half 2010
If you want to see a prediction of economic/financial doom;look up Hindenburg omen on wikipedia;its also on several financial sites.It has a high degree of reliability.
Aug 15th 2010, 10:59 am
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Re: Doomster market set to fall in the 2nd half 2010
I take it that the 12 August signal is not valid unless another 2 signals occur before 12 July. It'll be interesting to see what happens on this one.
Aug 15th 2010, 9:08 pm
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Re: Doomster market set to fall in the 2nd half 2010
Yes--this appears to be the case.Interestingly other signs seem to be pointing in that direction[very slow growth in various economies etc].Have a look at zerohedge.com---written by a man who I think has considerable credibility.My worry is that there will be a down turn[possibly fairly severe and gov't world wide will indulge in QE,which will lead to a bout of serious inflation and stagflation.Hope you are keeping well--enjoy the read!!!!
Aug 16th 2010, 12:08 pm
#8
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Re: Doomster market set to fall in the 2nd half 2010
Because of the very specific and seemingly random nature of the Hindenburg Omen criteria, it is possible that this phenomenon is simply a case of overfitting. That is, if one backtests through a large data set and tries enough different variables, eventually correlations are bound to be found that don't really have any predictive significance.
Aug 16th 2010, 12:13 pm
#9
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Re: Doomster market set to fall in the 2nd half 2010
Markets go up
Markets go down
Markets go up again
Markets go down again
etc
Hindenburg omen? What a load of bollocks.
Markets go down
Markets go up again
Markets go down again
etc
Hindenburg omen? What a load of bollocks.
Aug 17th 2010, 1:58 am
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Re: Doomster market set to fall in the 2nd half 2010
If you want to see a housing doomster;rather than a general downturn theory look up Michael Pascoe in the SMH today---he is precising a Morgan Stanley report on Australian housing[I think it may be on another post here dedicated to housing]
