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 665.67

-0.9%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Matthew L. Jones who wrote (23341)	8/18/1999 10:33:00 PM
From: stockycd	Read Replies (1) of 99985

Matthew, I'm having a hard time figuring out how you get a 17:1 chance of a downturn (from your tables). We could say that we are in the 23rd day of an intermediate bearish trend and that the probability of a reversal is about 97%. OR We could say we are in the 6th day of a bullish trend and the probability of reversal down would be about 22%. Could you explaind how you got the 17:1 odds? I'm still studying the tables. TIA. Chris

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next