[jlogajan]

Actually, any successful prediction tool will modify the markets by its adoption because it changes peoples' behavior, thus making the prediction tool worthless.

[ConservativeDude]

"Actually, any successful prediction tool will modify the markets by its adoption because it changes peoples' behavior, thus making the prediction tool worthless."

Which is sort of like why all the Y2K prediction folks were correct all along?

[headsonpikes]

Bump your post--this wouldn't be the first time.

Remember Joe Granville's OBV? A great analytical tool, until he publicized it. ;^)

[Tauzero]

"Actually, any successful prediction tool will modify the markets by its adoption because it changes peoples' behavior, thus making the prediction tool worthless."

The answer to that is the tool won't ever attract enough adherents, precisely because of mob psychology.

There will never be a shortage of investors like the author of post 9.