Odds Czar: Simple Biases in the Futures Markets 2006

scaleout wrote
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Ok, biases are kewl, but how about some ongoing education from a top researcher?
so
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scaleout-
educating is my current intent. "ongoing" is a relative term--time becomes a factor as i'm sure you understand. if you go back into past postings here, though, as well as tiger shark, keep your eye open for magazine articles, an upcoming book, etc. you'll hopefully get an adequate fill of art collins. but i will periodically add relevant input here as well, again as time and priority dictate.
thanks for your interest.
 
Art's futures biases for Aug 1.

A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias.
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The CzarCharts are not giving strong signals in the normal way I’ve advocated using them. Technically, though, there is a sell bias in the Russell for tomorrow. (Neutral either-or and negative in the other two signal classes).
That signal interests me even though the related spoos and Nasdaq aren’t adding support to the argument. I like what I’m seeing in the second box. It suggests we have established a resistance area from which we should back off. Referring again to the russel: the final box says that you’ve had two higher open-to-closes in a row. That’s a good indicator despite its cretinous simplicity. It’s coupled with the fact that the highest high of the last three days minus the lowest low of the last three days is no more than 20 percent of the total three day range. That means that you had activity in the upper fifth of the composite range, but no breakout to speak of.
The other two indexes are sharing the open-to-close sell mandate. The S&Ps also formed a three day cap top. I think Tuesday could reasonably be a day in which the special indicators rule. In the Russell, you get added confirmation in the calendar indicators.
That will be my preferred vehicle tomorrow. I’ll cautiously get short on the open providing it doesn’t open above the previous three day high. If the first move is to the downside, I’ll then start adding to the shorts. The thee day highs should serve as an effective demarcation line as to whether I’m right or wrong.
 

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Art's futures biases for Aug 2.

A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias.
 
08-01-06 08:57 PM



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Quote from Art Collins:

Art's futures biases for Aug 2.
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It appears as though the accompanying table was inadvertently not posted.

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art apologises for being an idiot
 

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Art's futures biases for Aug 3.

A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias.
 

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Art's futures biases for Aug 7.

A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias.
 

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Art's futures biases for Aug 8.

A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias.
 

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Art's futures biases for Aug 9.

A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias.
 

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