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Strategies & Market Trends : Market Guru of the Month Contest -- Ignore unavailable to you. Want to Upgrade?

To: Jeffry K. Smith who wrote (762)	9/2/2010 11:48:21 PM
From: John	Read Replies (1) \| Respond to of 17549

Thanks, Jeffry and you're welcomed. The stats I provided are for the Friday before every three-day weekend from 1929 through 2010.

To: Jeffry K. Smith who wrote (762)	9/2/2010 11:53:37 PM
From: John	Respond to of 17549

BTW, Jeffry, as others have mentioned, previous stats are meaningless. Seriously. I found a special statistical case last month, based on six conditions that resulted in 21 UPS and 1 DOWN since 1929. More than a 95 percent chance of UP, right? WRONG! -g- The next day was DOWN. Now the "statistical play" is 21-2. LOL. Daily results based on stats are like roulette. Oh, and the zero and double zero on the roulette wheel of the equity markets represents the FED injecting liquidity at random or buying bonds and equities at random. I think they also have a few triple and quadruple zeros on the wheel too. -ng-