--- In [email protected], new.morning <[EMAIL PROTECTED]> 
wrote:
>
> --- In [email protected], "sparaig" <sparaig@> wrote:
> >
> 
> > Even if the trend is positive in the long run, regression to the
> mean predicts you're not going 
> > to be able to see a long-term trend until the long-term actually
> happens.
> 
> 
> Actually, proper use of good statistical methods can sort out if 
the
> effect is "random" or statistically significant, correlative or 
causal.
> 
> And even eyeballing trends can discount or disprove the theory. 
Thats
> why I began graphing the effects on stocks, oil, dollar  and gold 
in a
> blog when the course began (though I need to update it). Things 
going
> widely in the wrong direction would tend to discount the theory. As
> gold, oil and the dollar did for the first few months. Now they 
have
> all turned toards "socially positive" directions. 
> 
> And "when" the effect occurs is not clear from ME theory or the 
data.
> The utopia course (I think it was that one) coincided with the 
largest
> stock market crash since 29. >>>

I don't recall that was the case.   
I think you are thinking about the crash of 1987, at which time 
there was no big course going on as far as I know. Please get your 
facts straight in this discussion. The big courses of 7000 I believe 
were in 1983 qnd 1985???, and coincided with a stock market increase 
or at the very least ....no crash.(??). You or Bob or someone may be 
able to confirm/refute.

I am really enjoying and excited by this discussion and the 
contributers to it, because .... IF ....a significant amount of 
pundits come.... THEN.... we may be able to discern the effects (or 
lack there-of). Lets keep this discussion as "Discerning ME" for a 
few weeks and see if they come.....and then what happens.

OffWorld






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