Kudos to MMs
- Thread starter nitro
- Start date
Because FV is up almost 60, which is 100% more than SPX change. Further, while FV and SPX tend to move in the same direction, FV rarely moves this convincingly in the same direction. It may be a "weak signal."
http://gotepoem.wordpress.com/2011/03/19/weak-signals-or-weak-theory-of-observation/
As I said before....
We have rallied 110 pts from the bottom in 5 days. So what have we learnt here?:
1. Well, see the quote. You don't need to time correctly in big volatility, just be patient.
2. Your FV is worthless, because it didn't predict this move.
3. Your previous nice gain was a question of luck, not your skill or good strategy. Also see #1 again.
4. You political/economical posts are worthless.
Although your price level predictions were very good. So maybe you should just stick to that...
We have rallied 110 pts from the bottom in 5 days. So what have we learnt here?:
1. Well, see the quote. You don't need to time correctly in big volatility, just be patient.
2. Your FV is worthless, because it didn't predict this move.
3. Your previous nice gain was a question of luck, not your skill or good strategy. Also see #1 again.
4. You political/economical posts are worthless.
Although your price level predictions were very good. So maybe you should just stick to that...
