Technical_Analysis_page_67

Technical | Analysis page 67 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

38 Part | Introduction mass, they begin to foretell future returns and are, thus, no longer random or independent. Sor- nette calls these periods “bursts of dependence” or “pockets of predictability.” If these successive declines occur more often than what is statistically predicted, some…