NDX forecast

Discussion in 'Trading' started by fortuna, Aug 23, 2003.

  1. fortuna

    fortuna

    Past datas auto-correlation shows a high R2 with 7th may 1997.

    correlation is 96.27% based on 150 open days

    For the next 2 weeks , ndx remained flat before losing 5% then climbed slowly to make a 10% return in the next 4 months before the big crash of october 1987.


    If correlation holds , crash would occur in feb-march 04.
     
  2. Very interesting Fortuna. Correlates with my thoughts. Could you explain more?
     
  3. Correlation does not imply causation.