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I have observed that it is easier to forecast a higher high or lower low
than if the close is higher or lower.
>>> JSGallagher@xxxxxxxxxxx 03/01/05 9:05 AM >>>
Just for amusement, I have been trying to see if I can guess the
market
close. Not the exact price, just will it close higher or lower than
yesterday. As I sit here with my three computers, ten monitors, and
several years experience trading for a living, I am amazed that I
cannot
seem to do it with any consistency. I figure it's about a fifty-fifty
shot and by trying everything I can think of, I might get as high as
fifty three percent. I've been using the E-mini close to try it.
Honestly, I figured with my experience and technology I would be able
to
get it right in the high seventy percent range.
Anybody on the list care to try it, post their results, and give some
clues as to how they do it?
Prosper
John Gallagher
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