Jan
29
The Dubai Crisis, from Jim Sogi
January 29, 2010 |
November 27, 2009, the Dubai crisis hit dropping markets from a high of 1111.25 to 1067, and as I recall a bit lower that night. Greece debt crisis going on and market approaches the 1067 level again tonight.
It's my theory that context is important. A ball has different statistical importance with a 3-2 count than at 1-1. The bottom tick means something different than the top tick. While it sounds trivial in this example, qualitative analysis should be combined with quantitative analysis. Running or swimming x in x at 25 is different than at 55. Time, season, context is important.
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