
Our
proprietary forecasting model, has
produced two scenarios for the next 3-5 weeks.
On the bullish side we have a target of 1850,
and a probability of 40.83% to materialize, and
on the bearish side we have a target of 1500 and
a probability of 41.65% to materialize. NOTICE
that the ratio between the bearish and the
bullish probability stands at
1.02:1
(41.65% divided by 40.838%) thus producing a
"neutral" signal. (The red line represents the
most likely price action to take place on the
way to reach the target price. The ratio means
that it is just as likely likely -at
the present time- for the index to fall to
1500 as it is to rise to 1850.
 
Our proprietary forecasting model, has
produced two scenarios for the next 3-5 weeks. On
the bullish side we have a target of 1150, and a
probability of 39.27% to materialize, and on the
bearish side we have a target of 955 and a
probability of 40.82% to materialize. NOTICE that
the ratio between the bearish and the bullish
probability stands at
1.04:1
( 40.82% divided by
39.27%) thus producing a "neutral" signal.
(The red line represents the most likely price
action to take place on the way to reach the target
price.) The ratio means that it is just as likely
-at the present time- for the index to fall to
955 as it is to rise to 1150.
Our
Market Positions:
Dow: Neutral,SP500:
Neutral
NASDAQ:Neutral
TRADING STRATEGY
(see "Trades")
Wednesday 10-31-01
11:16AM PST
In out trading account (per 100k of funds we
SOLD SHORT 400 shares of
DIA@91.52 and BOUGHT LONG 300 shares of
BBH@128.35
|