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Perhaps I was reading too much into it as all the data wasn't available for inspection, but I think he was using the other years of relatively stable demand to show that other factors didn't have an effect. Sometimes lack of movement is as telling as a bunch of movement when analysing markets. Although I do agree, I would very interested in seeing someone take the time to develop a model that stretched back 25 years or so.Rod
Perhaps I was reading too much into it as all the data wasn't available for inspection, but I think he was using the other years of relatively stable demand to show that other factors didn't have an effect. Sometimes lack of movement is as telling as a bunch of movement when analysing markets. Although I do agree, I would very interested in seeing someone take the time to develop a model that stretched back 25 years or so.
Rod