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Re: Interesting Data on the TRIN
Soul: I recognize this TRIN > 2.0 strategy from my two week trial with Hubert Senters but my question comes down to the breakdown you have shown on the probabilities. For instance, taking the bottom item.. you note that when TRIN closes above 1.5 it has a 70.9% chance of being higher at the OPEN and that it has happened 55 times over the past two years. But then 1.6, 1.7, et al are all "above 1.5" as you noted, yet their percentages are different. Did you mean to say for instance that if it closes above 1.5 but below 1.6? I know that as I sit here typing the question it may sound a bit ****, but it somehow seems there must be a real difference in the cut-offs that I am not understanding. I have played the strategy twice before and won about 40 to 50 mini DOW points at OPEN both times. However, much like you noted, I waited until well into the evening after the afternoon CLOSE to take my position so as to avoid getting stopped out for a 30 or 40 point loss.
Happy Trading! :-)
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