S&P will be under 700 within days

Discussion in 'Trading' started by B. Rowshan, Nov 19, 2008.

S&P will be under 700 within a few days?

  1. Incredibly, Yes it will

    68 vote(s)
    44.7%
  2. No it won't

    83 vote(s)
    54.6%
  1. 1000^5 is not a normalized representation (although numerically it's correct), so for full clarity:

    One petabyte = 10^15 bytes
    One pebibyte = 2^53 bits
     
    #91     Nov 21, 2008
  2. jprad

    jprad

    1000^5 is every bit as normal as (10^3)^5 or 10^15.

    BTW, a pebibyte is 2^50...

    http://physics.nist.gov/cuu/Units/binary.html
     
    #92     Nov 21, 2008
  3. #93     Nov 21, 2008
  4. jprad

    jprad

    [headslap] :eek: [/headslap]
     
    #94     Nov 21, 2008
  5. jprad

    jprad

    #95     Nov 21, 2008
  6. If a two day vote is running about 50/50 & the voting was heavy in one direction the first day - then it was (obviously) heavy in the other direction on the second day. In this case, the lemmings were running to your "sky is falling" position based upon yesterday's action. One doesn't need a course in Statistics to successfully utilize the denizens of ET as a contrary indicator.

    Thanks for the thread.
     
    #96     Nov 21, 2008
  7. eagle

    eagle

    The memory capacity is based on the power of two. You either have ON or OFF in electronic, 1 or 0.

    Back to the subject, the bottom is near in term of time, no clue in term of number.
     
    #97     Nov 21, 2008
  8. MKTrader

    MKTrader

    What do you consider "a few" days? If it doesn't drop below 700 by Thanksgiving, will you eat crow instead of turkey?

     
    #98     Nov 21, 2008
  9. jprad

    jprad

    #99     Nov 21, 2008
  10. Lucrum

    Lucrum

    Crow? Shit no, he'll just come back with yet ANOTHER alias and claim to have predicted whatever happened. And then remind us of it several times a day for months on end. As if anyone gives a shit in the first place.
     
    #100     Nov 21, 2008