928 days since the SP500 had a one day decline of >2%... Why argue against facts and statistics!!!!! Dipsters know: THERE IS NO RISK!!!!!!!!! http://usmarket.seekingalpha.com/article/25254
Mokwit, What are you going to say when the market has a healthy drop, history proves it happens. It will happen, but the question is will you have the balls to hold??
So far we're 0 in 928 Why not swim WITH the stream, instead of AGAINST it? ZERO RISK is the key word!!!!
Have you hear about non stationarity of volatility... perhaps you should do the same with a one standard deviation measure, not a fixed 2%...
YOUR NOT LISTENING!!........... I - TRADE - LONG - OR - SHORT. Direction dont matter when you are a trader...... GET IT?
#1: The trend is your friend #2: There is a new trend every day #3: Intraday traders no longer care when the closing bell rings :>)
How about when it drops 1-1-1% in a row? Last year mid-June and mid-July. 3-3 days 40 and 45 points drops... The Mid-July drop was 3.5% if you want it in %.... P.S.: Both May and July had 60+ points drops, but it took several days. Point is, you can have a downtrend without a really big one day drop...