Re: Is XOM predicted by the biggest ten of the S&P 500?

I am talking about: is it possible that a stock like Exxon Mobil could
actually be determined by just historical share prices and volumes of
the largest ten Standard and Poor stocks.

Of course the answer is no.....because who can predict whether US
policy will suddenly change, whether oil will be discovered somewhere,
etc.

So I was a little surprised at first that the graph ended up
matching.

For something more reasonable, I am looking at IBM, and the stupid
thing is pretty consistently telling me it is going down to 80 by next
weekend, and even further after that.

Well,should I trust it?

It is finding a sort of ok match on IBM based on the top ten S&P
stocks, but I confess I have not tried anything more intelligent, nor
do I know enough to do so.

A couple of the top ten ought to be related to IBM in some way. Like
GE, and Microsoft. Also maybe Walmart, related to consumer confidence
etc. Probably a lot in the list are not related to IBM. I should try to
find a small, representative list....

Anyway, by next weekend, if IBM is down to 80, I'll start to wonder if
the choice of basing things on the top ten standard and poor is not
such a bad idea....

.

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