StocksinoMarket breadth, measured

Signal Log · entry 2002-06-20-spy-buy

Buy SPY · June 20, 2002

The oscillator closed at 35.94, below its buy line of 36.05. 154 issues advanced and 340 declined. SPY closed at 101.21.

The signal did not stop there. It went on firing for 13 days across 31 sessions, through to August 5, 2002, and while it was still firing SPY went -21.01% 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.

What SPY did next
2 sessions -1.39% call failed at the time: 69.6% over 23 prior buys · baseline 55.9%
5 sessions -1.76% call failed at the time: 56.5% over 23 prior buys · baseline 57.8%
10 sessions -1.88% call failed at the time: 65.2% over 23 prior buys · baseline 60.6%

Closed: the call failed at every horizon.