Today, the DJIA actual price curve has moved almost 2 standard deviation units from the model curve, so here it is for the record. This is an extreme value suggesting that a correction, which would bring the two curves together, is probably not far off. Or this model is broken. I'd vote for the former, but I'm biased.
7 comments:
I like how you added commentary to charts recently, it adds a bit of a personal touch. As always, thanks for the free public service.
cthe dow correction to what level?
you're welcome. I like to contribute web content as well as consuming it.
I don't understand the 7:12 post, sorry.
Thanks a lot.
Sympathetic and interesting
Thanks Rajeev, I'm happy you find the info helpful.
On today's (2011.10.12) AM price action on the DJIA, where a quick run of the generating function now shows one of the widest historical spreads between the actual price curve and the predicted price curve. Expected price = 9785 and actual price is 11580. Amazing. This is beginning to look like 2008. Or the model is failing. I'll vote for the former.
Simpatico e interessante?
Post a Comment