Wednesday, January 13, 2010 11:53:02 PM
I wish I can disclose this, but I can't. It has taken me one year to develope and validate. You may remember at the beginning of 2009 I was asking for historical data. Now it is completely functional. It has been 100% accurately so far, and the only issues is the smoothing constant which may induce some time lag but is minimal. It points to the right direction all the time. For example, Dec31 was a big down day and every indicator pointed down but by the end of day the A/D survey pointed to an up swing and Jan4 was an 160 Dow point reversal up day. Today it pointed to an up swing again. OEX closed at 528 and the pivot was at 525 today. There is no way the market is going down. The down bias is only in your head.
2bit
Recent SPY News
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