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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (3176)4/29/2010 4:21:52 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 222394
 
It did seem like that part of the post could be overlooked,

perhaps I should have boldfaced this part---

he traced all three standard deviation declines on record

Occasionally I look at Bollinger Bands which I have set at 2 and 3 Standard Deviations. Perhaps this fellow does as well.

Side note; you would think a fellow such as myself, with two degrees in Engineering, would be just be ecstatic at the thought of applying Std Deviation to stuff but such is not the case.

So the answer is that it wasn't based on a point move, but a deviation from the "Bell Curve".