Recent content by mech.trader

My calculations gave me 4301.197 but 4301 is taken. 4302 for me please. TA

It must have been the beginner's luck :-) ... here is another attempt at fame SP500 close on Friday : 4,396 Best of luck to all.

Another statistical oriented method is to download the EOD data from a provider, say yahoo.com, for a longer period - 2 years for example, and use Excel to calculate the correlation coefficient between the daily close of the 2 securities. Anything above +0.7 shows a strong dependency, you would...

SP500 Close on Friday 9-th of July : 4387

Hi guys, I've been trading stocks and options since the good old days of .COM bubble (1998+). Been through all the major corrections since and the one lesson I've learnt is : YOU NEED A METHOD, don't let greed and fear guide you! At one point I was ready to sit for the US stock broker...