Quote from QQQShort:
Right for the wrong reasons?
An earlier post said, "... I say [the SP500] will finish friday lower than 1469.72. If it closes at 1469.73, i'm wrong ...". It appears you will be "wrong", yet are still profitable for the day. If profitable = right, then you are right even though the quoted forecast was wrong. Correct?Quote from Bob Rowshan:
Not exactly sure what that means, but i have felt the last few days that S&P 1490-1500 was a top.
That's my only reason.
http://www.elitetrader.com/vb/showthread.php?s=&postid=1697429#post1697429
Quote from QQQShort:
An earlier post said, "... I say [the SP500] will finish friday lower than 1469.72. If it closes at 1469.73, i'm wrong ...". It appears you will be "wrong", yet are still profitable for the day. If profitable = right, then you are right even though the quoted forecast was wrong. Correct?