if you are using the result only of a median you have no idea at all if prices fell. Computers and it being 2015 makes no difference at all. There is no way of providing an answer either way for a single calculation on a small sample.
Well there you go Sonny Jim. Typically "big data" doesn't work from medians. But most of the media you consume likely does.
As far as I know, nobody on this forum has ever discussed gold in terms of moving averages. You're really clutching here.
Terry posted a PDF file which happens to show a 12 month MA for Auckland house prices. If you have an issue with his chart, take it up with Terry.
I added a link when I edited my post for you to help you learn.
MA is used on many charts for stocks and commodities... your assertion that it should be used for property is probably clutching at straws more than its use in gold, however I let it go because MA's can be useful for volitile noise... it was funny to see you lecture me on a subject you know so little on
Just because you were oblivious to the truth does not make it any less so.
I added a link when I edited my post for you to help you learn.
MA is used on many charrs, stock and commodities... your assertion that it should be used for property is probably clutching at straws more than its use in gold.
Just because you were oblivious to the truth does not make it any less so.
The REINZ think it should be used - and they used it in the PDF file that Terry posted. It's a useful way to smooth out the volatility caused by the compositional bias inherent in unstratified raw medians. If you have an issue with it, stop whinging incessantly at me, and take it up with either the REINZ who created the chart, or Terry who posted the link to it.
Have you noticed that I ignore all your posts unless they're directed at me, whereas any time I post anything, it drives you into a bizarre rage where you barge into discussions that you weren't involved in, and chase me around the forum to nitpick over nothing. It's all rather obsessive. Do you have dreams about me as well?
I added a link when I edited my post for you to help you learn.
MA is used on many charts for stocks and commodities... your assertion that it should be used for property is probably clutching at straws more than its use in gold, however I let it go because MA's can be useful for volitile noise... it was funny to see you lecture me on a subject you know so little on
Just because you were oblivious to the truth does not make it any less so.
Moving averages are bollocks to understand what is happening now, whether it be gold or house prices. Both are an aggregate of transactions. The ability to map data on monthly changes is interesting. I very much doubt you've seen a monthly movement in a single month that is the equivalent or more of an annual salary in 30% of the the sales of houses in NZ's largest city. That's all.
The REINZ think it should be used - and they used it in the PDF file that Terry posted. It's a useful way to smooth out the volatility caused by the compositional bias inherent in unstratified raw medians. If you have an issue with it, stop whinging incessantly at me, and take it up with either the REINZ who created the chart, or Terry who posted the link to it.
Have you noticed that I ignore all your posts unless they're directed at me, whereas any time I post anything, it drives you into a bizarre rage where you barge into discussions that you weren't involved in, and chase me around the forum to nitpick over nothing. It's all rather obsessive. Do you have dreams about me as well?
Bizarre, obsessed, ..
Seems your happy to throw insults while crying foul in other posts... more double stands from the queen of double standards herself...
As for your other dribbles, you have posted in between discussion I had with others... stop playing the victim all the time, it's not a good look.
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