This is just an idea that I had, I know that in the markets history tends to repeat itself and I am throwing this up for discussion.
Remember back in your school days (Whenever that might of been) in math class there use to be a problem it was a sequence of numbers that you had to fine the next one in line
i.e.: 1 3 7 13 22 38 _?
and you had to find what came after 38. Im not sure what level of Algebra this was but here is what I am thinking. I know that world economy, prices, US Debt, EUR Debt, a german official farts, all of these cause the market to move and this will throw a wrench into accuratley caculating where the market will move but this might help us be able to get in to a 10-20 number range.
What if we could take the monthy chart from say June 1 to June 30 and put a simple graph to it, below is what I made up, nothing offical just to put it into a picture.
http://i1194.photobucket.com/albums/...a/Untitled.png
This is just an idea, you could take the daily chart, plot it on a simple graph and assign it numbers for the lows and highs, watch your fundamental analysis and what ever number comes next in your sequence (either your low's or High's) which ever one you do might be able to forecast which way the market might move in regards to current news and whats happend within the economical markets.
Im not sure how to do that prolem, I think its an algebra, or college algebra problem.
Any thoughts and ideas, this is just me thinking outside the box, not sure if something like this already exist or what!
Cheers!
Remember back in your school days (Whenever that might of been) in math class there use to be a problem it was a sequence of numbers that you had to fine the next one in line
i.e.: 1 3 7 13 22 38 _?
and you had to find what came after 38. Im not sure what level of Algebra this was but here is what I am thinking. I know that world economy, prices, US Debt, EUR Debt, a german official farts, all of these cause the market to move and this will throw a wrench into accuratley caculating where the market will move but this might help us be able to get in to a 10-20 number range.
What if we could take the monthy chart from say June 1 to June 30 and put a simple graph to it, below is what I made up, nothing offical just to put it into a picture.
http://i1194.photobucket.com/albums/...a/Untitled.png
This is just an idea, you could take the daily chart, plot it on a simple graph and assign it numbers for the lows and highs, watch your fundamental analysis and what ever number comes next in your sequence (either your low's or High's) which ever one you do might be able to forecast which way the market might move in regards to current news and whats happend within the economical markets.
Im not sure how to do that prolem, I think its an algebra, or college algebra problem.
Any thoughts and ideas, this is just me thinking outside the box, not sure if something like this already exist or what!
Cheers!
Voodoo Economics.......