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It is not volatility based, it is the system I use and over a period of time
and checking how often each number is hit the probabilities were arrived
at. Ira
UG wrote:
> Ira writes:
>
> > Well my number of 1138 was hit today in teh Dec S&P. Everything looks
> > over bought but there is no downside projection at this time. 80%
> > probability of 1147.80 as next stop and then 1177.7 with a 70%
> > probability. Both numbers good as long as 1065.50 holds. Ira.
>
> I must have missed your earlier emails. What system are you using to
> calculate these probabilities; is it volitility based (something like
> the ODDS system), or something else?
>
> --
> ========================================================================
> http://www.unixgeek.com/cgi-bin/motd.pl - PGP email preferred
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