s&p just made intermediate term top @ 1431.8

Discussion in 'Trading' started by thorn, Dec 22, 2006.

did the s&p make an intermediate term top @ 1431.8?

  1. Yes, it will last thru 3/31/07

    9 vote(s)
    15.8%
  2. No, it will be topped in the 1st qtr of 2007

    32 vote(s)
    56.1%
  3. i don't know / i don't care / go away thorn

    16 vote(s)
    28.1%
  1. I'd rather just reduce government by taking 36 or so "representatives" from red states (randomly chosen of course) and put everyone else in gov on the streets working to pay for all the taxes and entitlement programs they are proposing or refusing to address.
    hehe

    "Politicians for life"
    (with the caveat that those failing to get an super majority vote of confidence each year are executed or sent to Iraq or the Mexican boarder to work as boarder guards ...) :p

    TS
     
    #121     Jan 16, 2007
  2. thorn

    thorn

    you're comparing apples to oranges. please revisit your statistics class from school.
     
    #122     Jan 16, 2007
  3. volente_00

    volente_00




    I expected nothing less from the best contrarian on ET. Keep it up thornybird and thanks again for the free money.


    http://finance.yahoo.com/q/bc?s=^GSPC&t=1d&l=on&z=m&q=l&c=
     
    #123     Jan 16, 2007
  4. Glad to see you understand humor as you understand the markets ! At least you show consistancy in your inability to understand anything.
     
    #124     Jan 16, 2007
  5. thorn

    thorn

    i guess you're right b/c i have no understanding of what you just said.

    But i do assert you were comparing apples to oranges before. 35 is a statistically significant sample. I only got an MBA from a perennial top 5 business school. I also got an "a" in statistics.

    Furthermore, to compare sample sizes, to taking 35 votes and deducing election results is totally comparing apples to oranges. Of course, all the votes need to be counted in an election. Oh wait, you probably didn't take statistics, or maybe you didn't goto college, so you probably wouldn't understand.

    Here's a gentleman on this very thread who understands statistics:
     
    #125     Jan 16, 2007
  6. You can't just say 35 is "significant sample", it has to be in relation to the total population size.

    also, these 35 people are taken within such a narrow focus group (ET) in relation to the diversity of all market participants.
     
    #126     Jan 16, 2007
  7. thorn

    thorn

    you are correct in portions here. But I did create a "relation", as you said, it is to an ET poll/population.
    I just didn't get into the specifics. And why would I, people like acm can't even understand it when i speak generally about samples.

    Lastly, my deduction is predicated on large population samples. the example of this poll is just that, another example.
     
    #127     Jan 16, 2007
  8. Maverick74

    Maverick74

    SPX cash traded 1433.93. Moderators please close this thread. I'm sure Thorn won't leave as promised and he'll tell us that SPX won't trade above 1856.12 for the next 7 years or he will leave for good. :)
     
    #128     Jan 16, 2007
  9. thorn

    thorn

    for all the Thorn fans:

    Thorn puts the chances of a market tumble at 75% starting tomorrow. You've been warned.
     
    #129     Jan 16, 2007

  10. hey..EOD print on cash wasn't that...let thorn continue...
     
    #130     Jan 16, 2007