ES Journal - 2019/2020

Status
Not open for further replies.
This one is not mine but it is interesting nonetheless. This is a list of every time in $SPX history where the cash SP-500 was down at least 2% after three consecutive days of declining 7/10ths of a percent or more.

12/24/2019
08/24/2015
03/02/2009
08/31/1998
10/19/1987
05/14/1973
05/28/1962
10/21/1957
12/14/1931
05/18/1931
09/29/1930
06/09/1930

Oh, and they were all Mondays.

Oh, I forgot to add Monday 08/05/2019


 
They should have asked Burt how to do it. Now THERE is a man who knows proper disintegration yields...And the danger of the missiles a large explosion produces.

 
I think I May have to start my own journal, ON ... and you are not allowed to post to it lol

I feel you should. You make some really great calls, and from what I can tell, you fess up when you are wrong.

I am still in awe of how you called that bottom at beginning of June this year, that was awesome.

Hold yourself accountable! It is refreshing!

Come on, everyone else is doing it. (Peer pressure) hehe.
 
10/19/1987
05/14/1973
05/28/1962
10/21/1957, etc.....

A decade or so would see vast changes in available tools, mindset, herd mentality, Funds decision processes, Fed thinking, and so on, not least changing tolerances to risk and different people at the helm. I personally don't pay much attention to historical data going back more than a decade. Impacts/actions then to similar events now must, to some extent, produce different results.

My own decision making based on symmetry of movements, seldom goes back more than 12 months. i.e. the probability of the same people at the helm reacting the same way to a similar event is high, that probability diminishes with time. Applying this principal I can average a very decent ROI.
 
Last edited:
My own decision making based on symmetry of movements, seldom goes back more than 12 months. i.e. the probability of the same people at the helm reacting the same way to a similar event is high, that probability diminishes with time.

I guess I feel people is people ... just as stupid, greedy, fearful, and cunning as they always were.
 
Status
Not open for further replies.
Back
Top