Short Term Trading Member Forum

[PriceTeam]

OT: Mysticalball.com stats

As expected (because mysticalball doesn't really know anything), the stats just fell to 50 percent.

Here are the questions for the week.
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1. Will the SPX rally and close higher on Monday? Answer: Outlook not so good. WRONG!

2. Will the SPX close the week higher than 883? Answer: Outlook not so good.

3. Will the SPX hit 950+ sometime in the next 5 trading days? Answer: Ask me again later.
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So I re-asked question 3 and then asked a new question. It's possible the answers to both questions will turn out to be correct.
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3. Will the SPX hit 950 (+/- 7) this week? Answer: Yes.

4. Will the Swine Flu pandemic cause a more severe market decline going into mid-July? Answer: Definitely
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The answers to questions 2 and 3 above will almost certainly keep the stats at 50 percent--whether the market goes up or down. We will see what happens.

Ted