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


To: SE who wrote (10515)12/17/1998 12:28:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
I've never checked it on the downside.

When I researched it the market was very bullish and there was an inordinate number of times the move was sharp and strong, usually pervading through the rest of the day, starting a steamrolling move that never looked back.

I don't recall what the percentages were, something like 78 or 89 percent of the time? Do you recall? I only tracked it for a few months and just took it as a given, though I don't always trade it.