The Ticker Tape Parade Indicator
Last week, we discussed how not to get suckered into bad probability analysis when confronted with market history proving this or that (What Investors Need to Know About Historical Data).
We looked at several statistically insignificant examples.
This morning, Bill King points out another amusing coincidence: The Ticker Tape Parade Indicator:
• The NY Giants won their first Super Bowl in 1987; the Great US Stock Market Crash appeared later.
• The NY Giants won their second Super Bowl in 1991; the last US full-blown recession appeared; money center banks barely avoided the abyss.
• Before yesterday, the last NYC ticker-tape parade was 2000 (Yankees); the Great US Stock Bubble burst.
• The NY Giants won their third Super Bowl in 2008 and received a ticker-tape parade; head to the caves!
Now, you know I don't believe any of these, but its still an amusing coincidence, on par with its forecasting acumen and mathematical likelihood of the Superbowl Indicator . . .
Wednesday, February 06, 2008 | 10:30 AM | Permalink
| Comments (19)
| TrackBack (0)
add to de.li.cious | 
digg this! | 
add to technorati | 
email this post
TrackBack
TrackBack URL for this entry:
https://www.typepad.com/services/trackback/6a00d8341c52a953ef00e55018ccc28833
Listed below are links to weblogs that reference The Ticker Tape Parade Indicator:
Comments
The Jets/Mets parades in 1969 also coincided with a declining stock market.
I don't think a Philadelphia Athletics Indicator would look very good either. And if the Minnesota Twins win the first two games of the World Series at home...well, let's just say that you have been warned.
Posted by: The Dirty Mac | Feb 6, 2008 11:10:28 AM
The comments to this entry are closed.
