Mr. T wrote:No Chaz and no Pat Morita's Ghost today?
I was wondering if there's any P-Bars......
p-bars on SPY down to 131.24$ and a small one on IWM to 76.45$
Here's Chaz!
Who says p-bars don't work??? P-bar to 1312, and we got to 1313 so far on spy.....hmmmmm.....
Give me a one year full study of p-bar then.
Why would I want to do all of that work just to prove you wrong? Nobody ever said it worked ALL of the time...but here is a good example of where it did work.
If both SPX and VIX are green on close then one is lying, but they can lie for more than one day.
It means that you can "stick-save" a stock/index price but you can't stick save the volatility measure.
"We got a runaway train boy, we got a billion Eddie Barzoons all jogging into the future. Every one of 'em getting ready to fist-#### God's ex-planet, lick their fingers clean as they reach out toward their pristine, cybernetic keyboards to tote up their f##ing billable hours. And then it hits home!"