Hank, I think you took profits a bit too fast !!!
Black Monday ??
- Thread starter hank rollins
- Start date
I went back an looked up the timing of Hank's call on the 13th and compared this call to the Connors VIX reversals indicators.
CVR1 which is less reliable(58%) called for a sell at market close on the 8th.
CVR3 (at 70%) but is leading indicator 1 to 3 days, called for a sell initially on the11th.
CVR 6 (at 62%) called for a sell at close on the 12th.
CVR 7 the most relaible at 70% called for a sell at close on the 13th
The theory being that when you get more than two indicators agreeing, there are much better results.
The only thing I've heard about Vix reversals is that there are large drawdowns.
I'm not recommending anything. Just thought it was an interesting correlation.
CVR1 which is less reliable(58%) called for a sell at market close on the 8th.
CVR3 (at 70%) but is leading indicator 1 to 3 days, called for a sell initially on the11th.
CVR 6 (at 62%) called for a sell at close on the 12th.
CVR 7 the most relaible at 70% called for a sell at close on the 13th
The theory being that when you get more than two indicators agreeing, there are much better results.
The only thing I've heard about Vix reversals is that there are large drawdowns.
I'm not recommending anything. Just thought it was an interesting correlation.
Quote from Thunderdog:
It is often referred to as "proper English." Thank you for noticing.
46, and counting.
interesting. thanks !
point is, anyone looking to pick a fight with Inandlong is a complete jackarse. Plus, he wiped the floor with you. There's such a clear difference in class between you and him, its gargantuan.
yes, totally too fast.
but will reshort at break of lower channel line.
really? you truly have no clue.
thank you, kowboy. i am a big fan of connors studies---his "how markets really work" book is a classic !
LMAO!! who??? Care to put some money on this arse-clown?? I've got $10K that says you got the wrong person. LMAO!!