Hello
If one uses statistics,,
one can stacks the odds with him, or against
him,
and this spread sheet does 3
things
a: it graph the regression line ,, and the
current price
b: it calculates in the last 1000 days ,
who still has the upper hand, the bulls or the bears,
(just by total up days -total down days as
% of total days)
the third and most important thing
is,,,,
if we had 2 days up in a raw,,, (which we
did)what is the probability of a up day Monday
and what is the probability of a down day
Monday,
hope this helps
Ben
p,s this is avail for purchase
please inquire privately
----- Original Message -----
Sent: Sunday, February 03, 2008 7:14
AM
Subject: Re: [RT] Re: [TimeandCycles]
Market action after past lows
Thanks for sending the spreadsheet. Could you explain how it
works?
Thanks,
Howard Bernstein
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