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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: ajtj99 who wrote (53583)3/4/2022 4:28:44 PM
From: Jacob Snyder  Read Replies (1) of 97354
 
In that time frame, there have been 8 recessions. I count 16 times the indicator has moved above 70. So the false positive rate is 50%.

The false negative rate is low.

This is like a lab test, which always says the patient has cancer. Every test in every patient. It will not miss any cancers, but is not a useful test.
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