Tuesday, May 19, 2009
Another day, another trip through the grist-mill of seemingly random (and certainly erratic) price action. In some ways, it doesn't seem to matter if you are bullish or bearish; if you're trading tactically, it's very, very easy to get caught out by the seeming randomness of it all.
So easy, in fact, that Macro Man wonders if it is even possible to tell the difference between current price action and a random number generator. So he's determined to find out.
There are six charts below. Three are actual financial market prices, and three are the product of the random number generator function in excel. Your mission, should you choose to accept it, is to determine which three are real....and which three are the figments of Bill Gates' imagination.