SI
SI
discoversearch

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 : MARKET INDEX TECHNICAL ANALYSIS - MITA

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dan Duchardt who wrote (16191)2/10/2003 8:42:44 AM
From: Terry Whitman  Read Replies (1) of 19219
 
I saw MacCavity's solution. While that is technically correct- it doesn't give much confidence when you have a subset of only one and a set of two.

Maybe one could estimate the probability by taking his pessimistic 50% chance and combine with the more optimistic 10% chance. How would you do that? As an average? That would give 30%. Sounds reasonable.

I'm not basing any purchases on it, either way. The bottom should reveal itself in the usual manner- with spike reversals in the VIX, NH-NL, etc.

For the fun of it, here's a life exp. table. The std.dev. IS quite small once you reach the upper limits:
personal.fidelity.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext