Monday, September 26, 2011

S&P 500 Intraday Bias, 10:00 AM

Negative, suggesting sell the rallies intraday.

4 comments:

  1. This is sad...

    Best
    Anon :)

    ReplyDelete
  2. Now we're talking!! LOL

    Best
    Anon :)

    ReplyDelete
  3. 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. 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