StocksinoMarket breadth, measured

Signal Log · entry 2008-11-12-spy-buy

Buy SPY · November 12, 2008

The oscillator closed at 27.73, below its buy line of 32.55. 12 issues advanced and 486 declined. SPY closed at 85.82.

The signal did not stop there. It went on firing for 5 days across 7 sessions, through to November 21, 2008, and while it was still firing SPY went -12.08% 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 +0.93% call held at the time: 66.0% over 53 prior buys · baseline 55.9%
5 sessions -5.03% call failed at the time: 66.0% over 53 prior buys · baseline 57.8%
10 sessions +3.67% call held at the time: 58.5% over 53 prior buys · baseline 60.6%

Closed: the call held at 2 of 3 horizons.