990 low instead of 1044

maybe, if this pattern plays out

by the way did anyone else notice that the low on the NYSE on may 6, 2010 was 6666.96 and the low in the sp500 on march 2009 was 666.79 are all these 666's trying to tell us something ? maybe judgement day really is approaching

IWM's low was 66.58 too, we are doomed!!!

Here's a test, name: SPOOKED?!?

What happened to stocks that printed an intra-day low in between 66.5 and 66.7 in the following 5 trading days;

2002-2003: 94 trades, 37% winners, annualized -65% return vs SPX -20.89%
2003-2004: 83 trades, 64% winners, annualized 48.58% return vs SPX 21.59%
2004-2005: 132 trades, 57% winners, annualized -3.73% return vs SPX 7.95%.
2005-2006: 328 trades, 55% winners, annualized 11.85% return vs SPX 4.60%.
2006-2007: 438 trades, 56% winners, annualized 19.03% return vs SPX 12.94%.
2007-2008: 585 trades, 54% winners, annualized 15.34% return vs SPX 2.02%.
2008-2009: 551 trades, 46% winners, annualized -49% return vs SPX -38.67%.
2009-2010: so far 371 trades, 52.83% winners, annualized 0.73% return vs SPX = 21.33%.

As you see the statistical results on individual stocks did not seem to correlate with a big failure whenever a low around 66.6x was printed, so I think we are safe now...

Edited by arbman, 19 May 2010 - 05:08 PM.

maybe, if this pattern plays out

I see you have changed your forecast since Saturday's rant and rave.

mss

yeap i change it every 2 minutes

950 intraday low, 985 close that day-and I'm not budging.

950 intraday low, 985 close that day-and I'm not budging.

spooky,

when do you expect that to happen?

Thanks, gis