Comments on: 20 Year SPY Double Top Chart At Key Support Level http://www.my10000dollars.com/20-year-spy-double-top-chart-key/ Investing Journal. Learn investing tips and basics from ETF, Swing Trading, Day Trading, to Technical Analysis. Wed, 01 Sep 2010 11:50:10 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: sportsguy http://www.my10000dollars.com/20-year-spy-double-top-chart-key/comment-page-1/#comment-604 sportsguy Tue, 05 May 2009 00:16:16 +0000 http://www.my10000dollars.com/?p=529#comment-604 10 or 20 year ago levels are just for relative comparison, but have little to do with today, as does the market action from the depression. Similarities, yes, for a while, but the government response is so different, and the system is so different fro m10 and 20 years ago, that the comparative data point of 1 or 2 or even 3 is statistically meaningless. Technical analysts use these historical levels to estimate value, but that's a rule of thumb because value has all to do with today and the future. Technicians have no other way of calculating valuation because the future does not exist in the charts. What behavior and valuation is much more meaningful, are greedy behaviors and leverage statistics, because those are high risk measures, and high risk measurements have more similar outcomes than times of low risk measurements. that's the asymmetrical modeling difficulties with market algorithms. Very few humans can deal successfully with multi-dimensional non linear, transitory relationships. . . sportsguy 10 or 20 year ago levels are just for relative comparison, but have little to do with today, as does the market action from the depression. Similarities, yes, for a while, but the government response is so different, and the system is so different fro m10 and 20 years ago, that the comparative data point of 1 or 2 or even 3 is statistically meaningless.

Technical analysts use these historical levels to estimate value, but that’s a rule of thumb because value has all to do with today and the future. Technicians have no other way of calculating valuation because the future does not exist in the charts.

What behavior and valuation is much more meaningful, are greedy behaviors and leverage statistics, because those are high risk measures, and high risk measurements have more similar outcomes than times of low risk measurements. that’s the asymmetrical modeling difficulties with market algorithms. Very few humans can deal successfully with multi-dimensional non linear, transitory relationships. . .

sportsguy

]]> By: Hiro http://www.my10000dollars.com/20-year-spy-double-top-chart-key/comment-page-1/#comment-554 Hiro Mon, 04 May 2009 04:50:01 +0000 http://www.my10000dollars.com/?p=529#comment-554 Is it truly not relevant? I bet ya there are plenty of investors looking at S&P charts both short-term and long-term. I've seen the SPY double top charts being shared everywhere. I gotta believe I'm not the only one inferring something out of it. Is it truly not relevant? I bet ya there are plenty of investors looking at S&P charts both short-term and long-term. I’ve seen the SPY double top charts being shared everywhere. I gotta believe I’m not the only one inferring something out of it.

]]> By: michael mitchell http://www.my10000dollars.com/20-year-spy-double-top-chart-key/comment-page-1/#comment-431 michael mitchell Fri, 01 May 2009 09:47:47 +0000 http://www.my10000dollars.com/?p=529#comment-431 The 20 year chart is not really relevant, as S&P 500 holdings have changed over the years. The 20 year chart is not really relevant, as S&P 500 holdings have changed over the years.

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