Fast money word on the street:

Discussion in 'Trading' started by S2007S, Jan 8, 2007.

  1. S2007S


    Im sure most of you have heard this before.

    Yes it is a statistic, but to trade off of it you should think twice.

    If the first 5 days are up,

    85% chance of an up year.

    If the first 5 days are down,

    47-50% of a down year.
  2. What do you do for the other 360 days of the year?
  3. Punt
  4. benajnim


    The existence of a correlation is not the same as causation.
  5. This thread cannot handle your high degree of intelligence.
  6. blast19


    Is this a poetry group?
  7. benajnim


    Haha. All I meant was that if you find a relationship between two things, it doesn't mean that they are because of eachother.

    If the dollar is falling for instance, it affects every currency market in which it is a pair.

    If it is falling in one, it doesn't mean it is because it is falling in another, they just move together.
  8. ...or use an old play book.

  9. What happened for the first 5 days of 2000??
  10. GO FUTURES$$$$
    #10     Jan 15, 2007