XJO 2.11% 7,943.2 s&p/asx 200

can mathematics help reveal market turns?, page-46

  1. 453 Posts.
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    dascore.

    i find your construction allowing you to call the "bottom"
    to the move down interesting and thank you for your recent posts..
    it has been a challenge to my thinking.

    i have come to the following conclusions ....

    1. there is some merit in what you say.
    2. you are unable to determine under what conditions the "bottom" you pick will turn out to be a false bottom and that the bottom you are looking for is in fact below it.
    3. i can determine when your "bottom" will turn out to be false.

    by using my methodology (and i am using no price data from this week) i consider that what you are calling the bottom is in fact a false bottom and the bottom we are looking for is lower.

    one of us obviously lacks understanding.
    we'll soon know who.


 
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