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Hmm,
Well, I have been doing this for two and a half years and it works,
Turd station cant do the kind of query that I do in excell.
Sorry, your analysis is just too simple.
A gap down would be about a 50-50 coin toss.
Best Regards Lucky.
Don
----- Original Message -----
From: "'Lucky Bastard'" <hadrada@xxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, May 31, 2001 12:34 AM
Subject: Re: [RT] Re: MKT - OEX
> ----- Original Message -----
> From: Don Thompson
> To: realtraders@xxxxxxxxxxxxxxx
> Sent: Wednesday, May 30, 2001 11:55 PM
> Subject: Re: [RT] Re: MKT - OEX
>
> A gap up open in the SnP futures is almost a no brainer buy. If it for
some
> reason would make a lower low, this would be an even better opportunity.
> The odds for an up close with a gap up open in the SnP futures is better
> than 80 percent.
> Don
>
> ==============================
>
> Got anything to back that up? I did a simple test in Tradestation where
> you'd buy if the open is higher than the close of yesterday and exit at
the
> end of the day. This does not result in an up close 80% of the time. It is
> this hocus pocus stuff like the above that gives techincal analysis a bad
> name.
>
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