In the late 1980s, a prolific trader – and now billionaire – Paul Tudor Jones predicted the 1987 stock market crash by comparing two ten-year charts – one from the 1920s and one from the early 80s (to be accurate and give credit where it’s due it was actually his assistant that first discovered correlation, but for simplicity’s sake let’s use Paul).
Since then, many traders have tried to emulate this method of prediction and, […]
