Well well well...who would like to see my prediction for next week? Post your prediction here...

What will happen to Spy next week?

  • Spy will close above 294

    Votes: 11 36.7%
  • Spy will stay in range bounce 280-294

    Votes: 12 40.0%
  • Spy will close below 280

    Votes: 7 23.3%

  • Total voters
    30
Floyd is a great analogy... Counter puncher extraordinaire .... Allistar Overeem waited patiently last night vs. Harris ... he only showed the high head kick once .. as he waited patiently and responded to what Harris was showing him... high head kick set up left hook that basically ended the fight and gave Overeem the W... That’s what we’re looking for.....


Yeah but he got decked first and it was almost over . lol. That dude has the glass jaw of all time .
 
Yeah but he got decked first and it was almost over . lol. That dude has the glass jaw of all time .

Almost .... but not quite! Harris is a big strong heavy handed dude swinging with the meanest of intentions fighting with a heavy heart after the horrible murder of his daughter.... experience prevailed as Reem waited for a single mistake and caught the heel hook despite being bludgeoned....

agreed on soft jaw... always seems to get rocked.
 
Double ass Bingo. Whenever somebody asks me were the its going i always say i don't know. The charlatans selling shit that they know are cons and liars . Throw a dart and your accuracy the same . All we can do is react like floyd mayweather counter punching and get some scraps like a rodent hanging around a feasting Lion .But a lot of scraps equals a nice dinner to fill you up. Lol

Just because you don't know does not mean someone else doesn't know.

Every attempt at making money on directional trading is a prediction that price is going in your favour after you enter. Predict. Anticipate. React. It's all the same.
 
Just because you don't know does not mean someone else doesn't know.

Every attempt at making money on directional trading is a prediction that price is going in your favour after you enter. Predict. Anticipate. React. It's all the same.

When i'm talking predicting i'm talking outside an hr or so . I've watched all the guys on the different board "predicting " for the day and none has over a 50% correct ratio for that day over a longer period of time.. You're as well off throwing a dart over time predicting the final day move. . Sure one can effectively trade in 10 min to hr bands. And longer term traders can be successful holding a while .And even if some have been correct we've had deep moves in the opposite direction were any disciplined trader would have been stopped out .
 
When i'm talking predicting i'm talking outside an hr or so . I've watched all the guys on the different board "predicting " for the day and none has over a 50% correct ratio for that day over a longer period of time.. You're as well off throwing a dart over time predicting the final day move. . Sure one can effectively trade in 10 min to hr bands. And longer term traders can be successful holding a while .And even if some have been correct we've had deep moves in the opposite direction were any disciplined trader would have been stopped out .

You should ask yourself how likely it is that anyone with the skills to effectively predict would post it publicly over time or share specifics about what they do. Jim Simons worked for years before he finally cracked it and yes - they predict. And no - they don't post on ET. :)

Most people who try to predict do it without any hard data, i.e., the market looks like a buy or a sell here. Quite a few people here actually seems to enter just based on a hunch and not back-tested signals/data.

Prediction requires data and a means to effectively calculate probabilities. Sure - at times the market may be a cointoss, but there certainly are times where certain patterns/outcomes are more likely than others.

Just a simple gap up open have a 73 % chance of the day closing positively net on the day. That's far more than 50 %. And yes, it's a rough prediction, but it's also just one parameter. If I add in one more parameter regarding the actual open - the probability of a net positive close on the day is 81 %.

Adding in more parameters - how much more predictable can the market possibly become?

Anything can happen and the improbable does happen from time to time. 2 weeks ago there was a pattern that's happened less than 10 times over the last 2000 days. And last week we had an Outside Day which is also among the less common patterns. Actually, we had two.

But most days are the regular up or down with range expansion with some small variations from day to day. :)
 
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