Forget about the superbowl/market realtionship, why???

Discussion in 'Trading' started by S2007S, Feb 3, 2008.

  1. S2007S

    S2007S

    well its easy,


    The January barometer says as January goes for stocks, so goes the year.........

    from 1950 to 2000 it was accurate 92.5% of the time, so if anyone is into these statistics, then you should totally ignore the superbowl/stock market relationship since its only right 80% of the time....

    :p :p :p :p :p
     
  2. You have to take into account how much you earn when you're right and how much you lose when you're wrong, not just the probabilities by themselves.
     
  3. xiaodre

    xiaodre

    would you be willing to bet 100% of your money on a 92.5% winning scenario?
     
  4. S2007S

    S2007S

    was listening to "ESPN" this morning, I mean "cnbc", talking about the winning team and what it means to wallstreet and they talked about the 80% chance of stocks moving higher since the giants won (blah, blah, blah) and Becky came out talking about the January Barometer and looked so foolish when she didnt know the statistics of how strong the Jan Barometer was at 92%+ predicting that so goes january so goes the year....she stopped talking and they went in an entire other direction.....hope a couple of you caught that.