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... Earl of

Carl's projections on /ES

1093-1107 todays estimated range (14 point range)
1098-1111 todays actual range (13 point range)

Carl was 4-5 points low on the top and bottom, but got the range right. Not too bad.

Carl posted no trades today.

... Earl of

I'm all cash for the weekend. TZA is getting irritating.

... monicadern

Alright, thanks.

... sundancer390

yeah way more than that, but i only take setups on a pure statistical basis that have extremely high odds

many of my statistical studies are reversal based so probability tells me capital allocation and max contain pts. give me a idea of the max extension of a move

... monicadern

Sundancer, does your statistical analysis still make you right more than 60% of the time? from what I can tell so far, you have been very accurate.

... sundancer390

SPX 3 min gap 1107.95 filled

... sundancer390

i just use mathematics as a statistical approach that helps me define probability on setups, incorporate “max contain pts.” which are MA, more importantly understanding how the market dances with various max contain pts. and basic trendline analysis

combine that with mathematical computations from the regulatory aspect of the market which gives me the long term de-leverage points

the only advice is to get yourself real familiar with a spreadsheet and start crunching numbers

... sundancer390

$RUT IWM update:
http://www.flickr.com/photos/47091634@N04/43712
Daily chart
next stop will be the 720 which held it on 1/19/2010

... MobyDoc

I have been intrigued by your view of the market Sundancer,, what technique is it that you use, and where may we study up on it? I apologize if this has already been asked by someone else.

... sundancer390

the 640 MA on the daily is coming in @ 1149.84 today