tag:blogger.com,1999:blog-2676650858658561710.post8795365228686706196..comments2023-11-02T06:14:07.871-04:00Comments on Quantifiable Edges: This Study Suggests the Market is Due for a PullbackRob Hannahttp://www.blogger.com/profile/07596674657839065754noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2676650858658561710.post-66666938211993553872011-02-15T11:34:48.779-05:002011-02-15T11:34:48.779-05:00Fot that time period it appears a little under 70%...Fot that time period it appears a little under 70%.Rob Hannahttps://www.blogger.com/profile/07596674657839065754noreply@blogger.comtag:blogger.com,1999:blog-2676650858658561710.post-55834494726037983552011-02-15T11:11:21.239-05:002011-02-15T11:11:21.239-05:00ah ok, thank you. Now I understand.
I have other ...ah ok, thank you. Now I understand.<br /><br />I have other question.<br /><br /><br />What is the probability of any given day to see a close below that day in the next 4 days?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2676650858658561710.post-53463325349429672192011-02-15T10:48:09.359-05:002011-02-15T10:48:09.359-05:00It's not in the table. It is a separate piece...It's not in the table. It is a separate piece of info. It simply looks at whether there was a close below the "entry" or "trigger" price at any point in the next 4 days. So if it closed lower day 1 but then rose and was trading higher a few days later, it would still count. You just need 1 lower close in the next 4 days to count for that stat.<br /><br />RobRob Hannahttps://www.blogger.com/profile/07596674657839065754noreply@blogger.comtag:blogger.com,1999:blog-2676650858658561710.post-77005792056864091782011-02-15T10:26:40.637-05:002011-02-15T10:26:40.637-05:00hi. I´m trying to understand from where you get th...hi. I´m trying to understand from where you get that 89% probability.<br /><br />I don´t see it in the table or I´m confused.Anonymousnoreply@blogger.com