04-06-2007, 08:54 PM
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Super Moderator
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Join Date: Apr 2005
Location: Albuquerque, New Mexico USA
Posts: 1,380 | Points: ( Donate)
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Quote:
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Originally Posted by orange
yup, same thing for the SPY- and that one more strongly signals a lengthy decline. again, this stuff is just FWIW- purely experimental
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i forgot abt the friday holiday, so now friday=monday. watching with great interest to see which way these break, but i'm still voting for down to confirm my sense of directionality on this new thing. SPY and $INDU both ticked slightly up thursday; i call this "loading" or "arming"-- it should amplify the drop. but if i got the direction wrong, then they will move up strongly, esp SPY. this quant is almost never wrong abt strength of a move. but i still say down starting monday, esp SPY.
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