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#097 Peter Borish: My Concern Is More Than A Recession
The Julia La Roche Show
The Importance of Historical Market Data and Predicting Market Moves
We spent time and money collecting data, analyzing it, and making models, falsely assuming that current market conditions were similar to those of the past. However, the biggest market moves occur at the end of a trend, not at the beginning. In January 1987, there were 13 consecutive increases in the Dow, similar to the recent trend, which may indicate a short-term peak.
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