While the chart is very appealing there are no where near enough
data points to say that the indicators will mean anything for the
future. With a monthly chart we might have to go back a lot further
so as to get maybe at least like 20 signals and then see how it
did. JMHO
While the chart is very
SPX monthly long term system simplified
Posted by bkout3 on 5th of Dec 2011 at 09:44 am
While the chart is very appealing there are no where near enough data points to say that the indicators will mean anything for the future. With a monthly chart we might have to go back a lot further so as to get maybe at least like 20 signals and then see how it did. JMHO
That's correct, statistical confidence only
Posted by frtaylor on 5th of Dec 2011 at 09:51 am
That's correct, statistical confidence only begins w/ about 20 data points. Ideally 30.