Silicon Investor (SI) -- The First Internet Community

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 : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Matthew L. Jones who wrote (39969)	11/17/1999 8:19:00 PM
From: F Robert Simms	Read Replies (1) \| Respond to of 44573

Thanks for such a detailed response. <As for today, the odds in favor of another up day (or today being the second consecutive day in the same direction) was nearly even odds (1.12:1 in favor and 0.89:1 against) > I am confused about the above statement. If today would have been the second up day if it was up and the odds were 1.12:1 in favor, then what do you mean by yesterday being a day 1 having a 3.67:1 odds? Yesterday would have been the second day of a downtrend and I read the odds of it as being 1.12:1 in being a downtrend day. How can it also be a 3.67:1 odds day of being a first day of an uptrend? I hope I am not being too much of a pest, but I am trying to learn. Thanks again for your efforts. Best Wishes, Bob