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Ronald McEwan wrote:
> Ok,
>
> I wont keep you in suspense anymore. Go to the article on page 46 "If
> you're reading this, it didn't happen" by Howard Simons Professor of
> Finance at Illinois Institute of Technology. Turn to page 47 and up on
> the top right you will see that I won the award for calling the top on
> the S&P for July 26 1999 (actual top was on July 19) by using the
> correlation of the Hog Futures and the S&P Futures. I will be available
> for autographs for the rest of the week.
NW: Per my private e-mail to you, I guessed right! What do I win?
Congratulations. However, given the recent volatility, I don't think
I would want to trade S&P futures with a one week slop factor.
Now the bad news. Fame is fleeting. No sooner do you toot your own
horn than you get humbled. February 1999, my 7 year old son drew a graph
forecasting the stock market for the rest of the year. I stashed it away
and didn't look at it until September. He didn't put the dates on the
chart, but put a hash mark for each trading day, so I didn't know exactly
which were the key dates. When I rediscovered his chart, I counted the hash
marks and added the corresponding dates. He had forecast the high for the
stock market for July 17. I don't know about you, but I would much rather
sell a market two days early than after it has declined for one week.
Proudly,
Norman
P.S. If anyone doesn't believe this, I can e-fax the chart to myself and
then forward the e-mail file it to the list. Better yet, check out his
website at.........LOL!! just kidding. about the website. We told him,
"no website for you until you finish second grade". <G>
>
>
> Thank You Very Much!!!
>
> Ron (the 1999 Abby Winner) McEwan
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