Hate to burst your bubble, Haim,
My database goes back to the early '70s. And my new Proformer series indicators I developed, the one that made me money in options two trades in a row (Try to do that in options with your own indicators and you soon will be penniless), it has given 3 signals on the DOW:
Oct 15, 1987
Aug 23, 1990
Oct 27, 1997
As you recall, the '87 crash started in earnest on Oct 16th, the day after the signal.
Aug 23 was the Russian revolution and the market rebounded the next day on the success.
Oct 27... well I guess it's going to be a Jimmy Roger's day... whatever THAT means.
No, what I mean IMHO is if the BK comes, it is tomorrow! Wednesday or Thursday will be the rebound stuff you talk about.
I still haven't gotten probability figures... 10 pm eastern
Regards,
Bill |
