Hi
I am not selling a product, nor do I want to sell a product.
I need some feedback from an experienced technician who can tell me I was either lucky or am onto something.
First for starters read the blog entry:
http://www.devspace.com/~christianhgross/?p=573
And in particular look at the image:
http://www.devspace.com/~christianhgross/wp-content/uploads/2008/02/scenariorealistic.jpg
This is a random walk that I presumed as most realistic for the S&P from February of this year onwards.
Now look at the S&P and add the little jump of today and you get the picture of what happened:
http://tinyurl.com/6z5yhn
Essentially what it boils down to is that my technical analysis is SPOT ON!
When things are this spot on there are two ways to rationalize this:
1) You are REALLY smart...
2) You got lucky...
I am tending towards 2, but what makes me wonder is that with some other plays I did they were pretty spot on as well.
So the question am I lucky? And I would define this as maybe another experienced technician has this sort of ability as well. Or am I actually onto something?
Again not selling a product, just want feedback because sadly I live in my own echochamber...
I am not selling a product, nor do I want to sell a product.
I need some feedback from an experienced technician who can tell me I was either lucky or am onto something.
First for starters read the blog entry:
http://www.devspace.com/~christianhgross/?p=573
And in particular look at the image:
http://www.devspace.com/~christianhgross/wp-content/uploads/2008/02/scenariorealistic.jpg
This is a random walk that I presumed as most realistic for the S&P from February of this year onwards.
Now look at the S&P and add the little jump of today and you get the picture of what happened:
http://tinyurl.com/6z5yhn
Essentially what it boils down to is that my technical analysis is SPOT ON!
When things are this spot on there are two ways to rationalize this:
1) You are REALLY smart...
2) You got lucky...
I am tending towards 2, but what makes me wonder is that with some other plays I did they were pretty spot on as well.
So the question am I lucky? And I would define this as maybe another experienced technician has this sort of ability as well. Or am I actually onto something?
Again not selling a product, just want feedback because sadly I live in my own echochamber...