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For some reason, the first thread that I created is not visible to me. So, I'll try again.
The History: I was talking to my Mother in Law's stockbroker the other day. The conversation got around to whether or not the stock market is predictable. I said that it was to some extent. He said that I couldn't beat a coin toss. I am going to try and prove him wrong.
The parameters are simple:
1. I will use the Nasdaq Composite for the experiment
2. There are only two options, up or down.
3. Heads = up, tails = down
4. If there is a day with no change, it will be discarded from the experiment
5. My prediction and the coin toss will be done before the market opens. If I miss a day, it is discarded from the experiment.
6. It is acceptable for me to predict days in advance
If anyone would like to do their own coin toss experiment, they are welcome to post it here as well.
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