RE: Discussion on 2nd generation vaccines16 Dec 2020 19:33
Ray,
Tend to agree with your summing up as twaddle. It certainly is as a means of forecasting future prices but as AB and you say, if enough people believe twaddle you can probably use that fact to your advantage.
I think we have talked before, I develop software that does finished goods forecasts - very predictable. All forecasts are based on past history, using daily, weekly, monthly, yearly, 5 yearly averages. To these are applied a trend. The trend could be assessed over short term or long term.
Anyway, enough of that, are you still developing in that obscure language? (Was it M9?)