YM Traders

Let me ask this last question cw,, if for months all your skills being what they are, you haven't recognized porgie as a fraud why do you immediately follow me to chat room..????? are you trying to learn something from porgie? everytime I am there 5 minutes here comes Mr. Coolweb....Explain that one please.....!
 
Quote from porgie:

Let me ask this last question cw,, if for months all your skills being what they are, you haven't recognized porgie as a fraud why do you immediately follow me to chat room..????? are you trying to learn something from porgie? everytime I am there 5 minutes here comes Mr. Coolweb....Explain that one please.....!
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Two guesses from me.




A. bored


B. lonely
 
Quote from joecgoodman:

01/01/2005 through 01/20/2006

Mondays: 25 up days, 21 down days (4 more ups than downs)

Tuesdays: 26 up days, 29 down days (3 more downs than ups)

Wednesdays: 30 up days, 25 down days (5 more ups than downs)

Thursdays: 29 up days, 25 down days (4 more ups than downs)

Fridays: 29 up days, 24 down days (5 more ups than downs)

Summary:
Only Tuesdays had more downs than ups over the past year, and only by a margin of 3.

Conclusion:
There may be some other factor I'm not taking into account. Otherwise, I can't see a value in starting the day with a bias based on the day of week.
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Joe, you are looking at it the wrong way. Back test using the variables I gave you, such as if the open is gapped down on a thursday and you go long, what % of the time will the markets touch green intraday? My bias is never based on the CLOSE, only on the odds of it heading a certain direction intraday.
 
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