Signal Log · entry 1999-05-24-spy-buy
Buy SPY · May 24, 1999
The oscillator closed at 38.84, below its buy line of 41.12. 117 issues advanced and 358 declined. SPY closed at 131.13.
The signal did not stop there. It went on firing for 4 days across 3 sessions, through to May 27, 1999, and while it was still firing SPY went -1.95% against the call. A signal that keeps repeating is not the same event as one that resolves in a session, and reading only the first day would say otherwise.
This entry was written the day the signal fired. The outcome rows below were filled in automatically as the sessions elapsed, whatever they said. Nothing on this page has been edited since.
| 2 sessions | -0.52% | call failed | at the time: 66.7% over 3 prior buys · baseline 55.9% |
|---|---|---|---|
| 5 sessions | -1.05% | call failed | at the time: 66.7% over 3 prior buys · baseline 57.8% |
| 10 sessions | +0.86% | call held | at the time: 100.0% over 3 prior buys · baseline 60.6% |
Closed: the call held at 1 of 3 horizons.