Thursday, June 24, 2010

06/24/2010 After Bell Quick Summary

Too bad, nothing statistically bullish worked. If you still believe statistics, then I have 2 good news for tomorrow. I’ll leave the bad news in tonight’s report though.

SPY down 4 days in row, buy at today’s close and sell at the next day close since 2002, you have 80% chances. (The back test software has some bugs, well, issues, I shall say, so the winning rate shouldn’t be 80%, but should still well above 70%)

1

30 out of 45 times (67%) a green day the next day after a Major Distribution Day (NYSE Down Volume to NYSE Up Volume Ratio >= 9).

2

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