I bet your idiot black boxes can’t do this.
That’s the oversold signal results for the past 12 months. And this is when it was flagged last.
Any questions?
The difference between the guy making a little and the one making a lot is an edge– the small advantage that puts him over the top. That’s all I endeavor to deliver and I believe we’ve done that, exceedingly well since 2009–with The PPT.
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Agree. Super helpful.
Bless the hard working mentality from MN, a true men of honor state.
so are you supposed to buy when it says sell? The only time a “Sell” worked is from #8 to #7 and marginally from #5 to #4? The other times it said sell in the past, the next signal is a higher price point than the previous “Sell” message?
The buy-sell messages will be addressed in ppt 2. It is a mean reversion tool that can identify extreme oversold and overbought conditions. The day highlighted was the only one in that data set oversold
what are the thresholds for the 25th that signaled buy. I realize they are extreme #s compared to say the 22nd but what is the trigger? Sub 1.75 on the technicals? Sub 2.7 on the hybrid? % large caps under 15%? Is there some absolute value that has worked repeatedly or how are you using it.
Also how did it work in 2008 on back test? I realize it was a 100 year storm but there were days we went from -300 to +400 on the DJIA in the same day and other days we had -300 DJIA days which I assume would have flagged oversold only to be followed by another -200 the next day.
Os signal has run at 75% accuracy
Charles
For past 12 months, sub 2.53 is the number.
#2 – “Sell”; 152.92 – #1 “Buy” 154.35….Sell low Buy high?