Stock model ranks the entire SP500 a decent buy: http://www.elitetrader.com/vb/showthread.php?s=&postid=3423350#post3423350
POFVF(#@&^*@#)(&*$ 1180 one week, 1460 the next. Accuracy by which a space shuttle could be launched!!!
Your numbers are hilarious. Nitro is a good name for a comedian ( or maybe a rap artist ). I missed that before; you are obviously not serious, no one could be serious and post such absolute stupidity. Do people really short the SPX with a stop loss of more then 100 points ? Just wondering, seems like an unusual trade to me. POFVF seems to say "hey, the market could go in any direction huge at any moment". POFVF would like to thank Nitro's Ouiji board for its help. POFVF is a star.
It is useful to note this in retrospect. The RNOFV indicator nailed the short term market move almost to perfection. It appears at least in the short term ( say within a month ) that fading Nitro's market bias is a strong trading strategy. So all we need is Nitro to give us the OFV back using the old calculation. He's pinned it to SPX since, which is of no use.