MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 674.96

+0.9%

Nov 25 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Timothy Liu who wrote (19101)	7/1/1999 7:48:00 PM
From: Gary Sanders	Read Replies (1) of 99985

>What you put down is the same probability of throwing coins and get a series of heads in a row. >The problem is, even if you get 6-7 heads in a row, the probability that the next one is head is still 50/50. That's true for independent events like tossing a coin. However stock prices are highly influenced by human perception and human nature. The fact that the stock market has gone up or down 6 days in a row may influence which direction people think that the stock market may next head which may influence their purchase/sales decisions which may affect the direction of the market.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next