Monday, September 26, 2011

S&P 500 Intraday Bias, 10:00 AM

Negative, suggesting sell the rallies intraday.
at 9:57 AM Labels:

4 comments:

  1. AnonymousSeptember 26, 2011 at 11:41 AM

    This is sad...

    Best
    Anon :)

    ReplyDelete
  2. AnonymousSeptember 26, 2011 at 3:58 PM

    Now we're talking!! LOL

    Best
    Anon :)

    ReplyDelete
  3. pimaCanyonSeptember 26, 2011 at 4:10 PM

    Hi George,

    What does your back-testing of your bias calculation tell you? What percentage of the time does it turn out to be correct? Is it more likely to be correct when forecasting upward bias than downward, or vice versa?

    Thanks!

    ReplyDelete
  4. George RahalSeptember 26, 2011 at 4:18 PM

    I think it's equally correct with up and down. I haven't done a formal back test, but from casual observation, the percentage of days it's worked out seems significantly above 50%.

    ReplyDelete

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