SP 500 tommorow direction.

Quote from stock777:

I didn't get the email. Was the old approach abandoned? Too good?
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You know very well that my timing method is the most accurate . Why would I abandon it ?
 
My models indicate a modest down day in a narrow range. I'm shorting near the open and looking to exit with 3 pts. I'll also be looking to front run program trading during the first hour for a couple of quick trades. With any luck I'll pick off 5-6 pts. in the first hour and call it a day. Nice day for flying so if it works out I'll rent a chopper this afternoon and get in a few more hours of flight time.
 
Quote from Walther:

Based on price action prior today closing, direction after Tuesday opening will be down, reversal is due around 13:15 est and IMO it will be a top.
Walter
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After having a chance to look at price action, I expect that reversal will be earlier , about 12:50 .
 
Quote from Walther:



After having a chance to look at price action, I expect that reversal will be earlier , about 12:50 .
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Minor bottom at 12:45, next stop should be 14:20, test of today's high perhaps. December is really the best month for testing trading ideas. If it works in December it will work anytime.
 
Quote from dbphoenix:

It's okay, Walter. You're bound to get one right eventually. Maybe tomorrow. :p
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Quick summary is in order.
1/ direction after opening predicted down, went down, 1 correct.
2/ predicted 12:50 reversal , reversal occurred at 12:45, 2 correct
3/ 13:15 predicted one day ahead. High of a day was 13:40. That should be close enough for any trader who uses 10 min or higher timeframe charts. Sarasota gave you price high of the day and you knew 20 min window when it will happen and you still could not figure it out. 1 wrong
4/predicted 14:20 reversal, reversal occurred 14: 25. 3 correct
Summary: 3 correct, 1 wrong 75% accuracy , I am getting it right, you just cannot see it. I believe that you want to be fair, unfortunately you are mentally underdeveloped so your handicap is not allowing to progress past your considerable limits.
 
Quote from Walther:



Quick summary is in order.
1/ direction after opening predicted down, went down, 1 correct.
2/ predicted 12:50 reversal , reversal occurred at 12:45, 2 correct
3/ 13:15 predicted one day ahead. High of a day was 13:40. That should be close enough for any trader who uses 10 min or higher timeframe charts. Sarasota gave you price high of the day and you knew 20 min window when it will happen and you still could not figure it out. 1 wrong
4/predicted 14:20 reversal, reversal occurred 14: 25. 3 correct
Summary: 3 correct, 1 wrong 75% accuracy , I am getting it right, you just cannot see it. I believe that you want to be fair, unfortunately you are mentally underdeveloped so your handicap is not allowing to progress past your considerable limits.
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(1) Actually, after the opening, it went up.

(2) Reversal from what? A 2pt "plunge" within a trading range? And that was a revision of your 13:15 "call".

(3) You abandoned that one, remember?

(4) Your 14:20 "prediction" had to do with a test of the top. Couldn't be more wrong.

4 wrong, Walter, 0 correct. Hardly 75% accuracy.
 
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