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    Forums ›› Main ›› Trading ›› Hey all you price predictors: when is a pullback gonna come?  

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Before the end of next week 19 25.68%
between 1-2 weeks from now 7 9.46%
between 2-3 weeks from now 2 2.70%
between 3-4 weeks from now 3 4.05%
between 4-5 weeks from now 4 5.41%
NEVER!!! GO LONG CALL OPTIONS WITH FULL MARGIN!!! 39 52.70%
Total: 74 votes 100%
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SteveNYC
 

Registered: Jul 2010
Posts: 787

 

02-16-12 10:23 PM


Quote from 1a2b3cppp:

also, how would you string them together?

Do you ALWAYS buy if the previous two days were green?

So in other words, if the chart goes like this:

day 1: green
day 2: green
day 3: green
day 4: red
day 5: green
day 6: red
day 7: green
day 8: green
day 9: green
day 10: green

You would buy on:

day 3 (because day 1 and 2 were green)
day 4 (because day 2 and 3 were green)
day 9 (because day 7 and 8 were green)
day 10 (because day 8 and 9 were green)
day 11 (because day 9 and 10 were green)

correct?

Or is it ONLY on the day after two green days preceded by a red day, in which case the only day you would buy in the above example would be day 9.



I could only fully answer that question if I were you.

But b/c I will never be you, I can never fully answer that question.

You are asking questions that go beyond the definition of an uptrend.

So, the best answer I could give is:

Given your "example" and based on my previously stated definition of an uptrend:

I would "look" to buy on day 3, day 9, and day 10.

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1a2b3cppp
 

Registered: Sep 2008
Posts: 2637

 

02-18-12 01:40 AM

Anyone who said:

- Before the end of next week
- between 1-2 weeks from now
- between 2-3 weeks from now
- between 3-4 weeks from now

Was wrong.

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1a2b3cppp
 

Registered: Sep 2008
Posts: 2637

 

02-18-12 01:42 AM

The new price for a 5% pullback in SPY is $130.32.

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1a2b3cppp
 

Registered: Sep 2008
Posts: 2637

 

02-21-12 05:04 AM

S&P futures were up today

Crazy!

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