Quote from ghostzapper:
contrary's guidelines gave you a 2/3 chance of winning, so you are suppose to have 7 of 10 correct.
rennick, be honorable and use the following guidelines like you pledged earlier
strong: > .25%
neutral: -.25% < n < .25%
weak: < -.25%
Quote these figures and you'll have an honest tally people can respect.
so if the $INDU is at 11,300, then a 30 pt move is positive?
Rennick can call it, but seems to me that as traders you have to use discretion.... lets say ball calls negative in afternoon after a 200+ pt morning rally.... say its basically flat, but the next morning gaps down... as a trader i score on that move?
maybe we dont need a bean-counter? or mybe Oprah can do the measuring?