2 replies to this topic

[Alton]

Click the chart for a somewhat larger view. [attachment=5855:attachment] Although not included in the top 5 shown above, two August dates (8-16-90 and 8-22-85) popped up in the correlations. I've found that, although these comparisons can give you a sense of where the market might be, and show possibiliteis for extension or rebound, trying to trade based on a prior period can be hazardous. - A. 8/10/07

[arbman]

So your odds are showing 80% up probability for the next few weeks, I see the same on my screens. The next 2 days might chop here, or it might retest one more time next week, but the IT bottom should be here...

[Alton]

So your odds are showing 80% up probability for the next few weeks, I see the same on my screens. The next 2 days might chop here, or it might retest one more time next week, but the IT bottom should be here...

Hi Kisa,
Thanks for your comment. It's encouraging to me that you're seeing some similar stuff. If I include more dates, (for example those two August dates I mentioned) the odds are reduced to about 1.5 to 1 that the market will be up over that period, and we may bounce around a bit. I like the view from the Top 5, though, and hope it's not over-optimistic- A