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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 35.96+4.7%Nov 19 4:00 PM EST
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To: MoneyFriend_2.0 who wrote (50664)1/29/2010 12:09:46 AM
From: Fintas  Read Replies (1) of 206942
 
As I recall re the debate re spx 950..it was YOU who gave me a hard time as I presented data that suggested that at that given time spx 950 was unlikely. You had some difficulty accepting that possibility. As it turns out the data I presented was correct and the spx 950 wasn't hit. Here and now I'm NOT expecting spx 950 so we agree. HOWEVER...way down below I can see 946 and if there were some event that I could not possibly know and if that caused the bell curve to roll down to the 20 area then anything is possible. But take that event out of the equation and my OPINION is we don't go below 1036 worst case.

While I'm here I attempted to answer you a few days ago re why I don't present the bell curve charts. Simply stated I'd be violating my agreement and I don't do so. If not for that I would gladly provide the charts. However for any who want that information it can be found at dorsey wright and it's a paid service. Since many here claim to be making oodles of money then the cost of that paid service is reasonable.

I will add though, understanding the data does require skill. It might be easier to just consider the data that is presented.
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