
While great white sharks are fascinating creatures, they’re also incredibly difficult for scientists to study for obvious reasons. However, with the aid of technology, marine ecologists are able to tag great whites to study their behaviors and migration patterns. In other words, data isolation represents one of the most powerful tools in science.
In much the same way, we can isolate different “species” of market behaviors, under the reasonable hypothesis that different sentiment regimes produce different reactions — and thus engender different probabilities.