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Re: POKERSAM post# 15346

Tuesday, 08/19/2008 3:50:59 PM

Tuesday, August 19, 2008 3:50:59 PM

Post# of 31925
I think right now the market is just super-sensitized to any inverse movement in the major commodities, especially oil, and it all hinges on the strength of the dollar, i.e. dollar moves up, commodities move down, and the market moves up. Even so, when extreme conditions are reached there can still be corrective movements with carryover (like yesterday and today), but I don't think your methodology or mine has an "inverse commodity price" rule or indicator. Of course, this will be true until the market finds something else upon which to fixate or worry about. We always prefer to be right, but we also need to be careful under certain market conditions to distinguish skill from luck, and we would be drinking our own bathwater if it we thought otherwise. Did you know that on a *purely random basis* (i.e. flipping a coin) you could expect to get 5 in a row daily calls correct once every 36 trading days ((.5^5)*32)~ = 1.00?

Kind regards,
-CAPT J

"What would you attempt to do if you knew you could not fail?"

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