subject:"The Public Believes in Mean Reversion"

RE: The Public Believes in Mean Reversion

2002-07-23 Thread Michael Etchison

>Subject: The Public Believes in Mean Reversion Gee, so do I. The question, as Mr. Dumpty might have put it, is to which mean are we reverting? Makes a couple of hundred (or more) points' -- and a direction - difference. Michael

The Public Believes in Mean Reversion

2002-07-23 Thread Bryan Caplan

A kind of funny result from Excite's informal poll: 48% surveyed think that the Dow will rise over the next month, vs. 32% who think it will fall. http://poll.excite.com/poll/results.jsp?cat_id=1 -- Prof. Bryan Caplan Department of Economics Ge