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Strategies & Market Trends : Playing the QQQQ with Terry and friends. -- Ignore unavailable to you. Want to Upgrade?


To: stock2005 who wrote (3104)11/6/2005 2:11:46 AM
From: Walkingshadow  Respond to of 4814
 
Yes, but even +/- 4 days didn't work out in July.

Anyhow, that allows enough wiggle room to make the dates virtually useless IMHO.

That is, you can identify approximately 20 days where there was a trend reversal in a year's time:

stockcharts.com[w,a]daclyyay[dd][pb50!b200][vc60]&pref=G

So, if you pick 3 dates out of the year, add and subtract 4, you have 9 days for each date. Nine days times 3 dates in 2005 is 27 days. That makes it very likely that just by chance you will be correct on a number of these.

Here's a little exercise I remember that is relevant. Next time you are in a room with at least 12 people, bet somebody that at least two of the people in the room will have exactly the same birthday. You will have a very high probability of being correct. Obviously this is merely a result of the calculated probabilities.

I haven't worked out the exact probabilities, but just eyeballing it, I don't see how you could use these dates to aid in making trading decisions. The range is just too wide for each date, a lot can happen in 9 sessions.

T