For the most part the predicted market peaks and troughs are pretty accurate. This is more of a statistical analysis (using past numbers to predict future behavior) than a Nostradamus getting high and pulling predictions out of his ass.

But still, there's a degree of confirmation bias influencing the believers (and conversely instinctive skepticism affecting doubters) that come into okay.

Either way, I think it's an interesting tidbit from the past.

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[–] 17 points 2 months ago (6 children)
  • [–] 1 point 2 months ago

    The pig cycle? That's what I learned it was called.

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