After seeing a link from 10 cents in this post,
http://www.hotcopper.com.au/post_single.asp?fid=307&tid=1357714&msgid=7654681
that directed me to this thread
http://www.hotcopper.com.au/post_threadview.asp?fid=307&tid=1250858&msgno=768#768
I revisited it and did some tinkering.
In particular I noted the excellent post from gj0201 and thought I would just roughly replicate his work on ASX (the share).
I won't say I was surprised that there was correlation with what transpired but I was surprised at the neatness of the fit and the length of the ranges that were suggested.
So what I'll do is post his chart and then my roughly eyeballed replication and you can see for yourself how well it has played out.
I'm sorry they don't open in a new window. On my machine they will if I press command when I click on 'em.
Bravo gj0201. I only wish I had time to review more.
Even my rudimentary attempts have been predicting moves so accurately that they give me goosebumps. I've really gotta do some research and find out if my (sorta) self taught blundering is doing me more harm than good.....
Thank-you everyone. Especially the heavy-hitters who post with such unrelenting enthusiasm.
Heads up to Archer747 too - I drew my first fork with you.....
Awww / Blushing.
