Replies to post #7064 on MDA - Market Direction Analysis (MDA)

[smaglito]

great post and appreciate that being said. the only trade that counts is my own .man am i glad your wonderful voice of reason is back . you were gone way too long.

[TREND1]

LG
Sure would like to do a Student's T-test on your trades:

examples:
see #msg-1015674
see #msg-1015689

Teaching some new and different ways to look at trading ?
Isn't that what you say this board is all about ?

Oh! Well !
Maybe you really don't want to see new things?

Back to the same ole chart stuff(g)

[TREND1]

LG
Sorry ! I though some people might like to know things
like the probability of a future price.

.........................................................
Posted by: Larry Dudash
In reply to: None Date:5/18/2003 1:29:39 PM
Post #of 1237

LDkeynote: Probability of future prices
Soruce:
Options as a Strategic Investment.
by Lawrence G. McMillan
1980 Edition
page 403
A formula using cumulative normal distribution, natural log,
etc... describes how a future price of a stock
can be estimated using:
(1)Volatility.
(2)and days into the future.

Based on the closing price of BRCM on 4/17/03 of 16.60
the probability of BRCM closing at 21.40 or above on
Friday was only 7.30%

Translation:
BRCM has move up too far to soon.IMHO.






Larry's QQQ and SMH Trades(#board-1468),Long Term Timers(#board-1622)

...........................................................

[TREND1]

LG
From your Board title:

"All forms of analysis are welcome and all views bullish, bearish or neutral are welcome as well."

Maybe you should change the above to say
"almost all analysis, except those using historical trading
data of posters"

[doniam]

Agree, and thanks