The Boston Snow (B.S.) indicator uses the presence or absence of snow in Boston on Christmas Eve
Question:
The Boston Snow (B.S.) indicator uses the presence or absence of snow in Boston on Christmas Eve to predict the stock market the following year: “the average gain following snow on the ground was about 80 percent greater than for years in which there was no snow” [13]. How would you explain the success of the B.S. indicator?
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The success of the Boston Snow BS indicator could be attributed to several factors Psychological Eff...View the full answer
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Related Book For 
Essential Statistics Regression And Econometrics
ISBN: 9780123822215
1st Edition
Authors: Gary Smith
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