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View Full Version : Possible Correlation Between Markets


xpiratesxcorex
12-24-2007, 02:52 AM
So random thought.. I was just reading what is currently rallying on the Hang Seng (oil and telecom) and I was wondering if this could be some foreshadow of the rally to come in the US? I think it might be worthwhile to track something like that for a trading strategy. If telecom rallies in Asia, track telecom in the US... see it it's a possible day-trading strategy....

Gzapper
12-24-2007, 03:54 AM
if a seagull took a dump on a mans head while that guy was eating waffles in america.. does that mean that the seagull will take the same dump on another mans head in japan while that man is eating waffles too? yea thats what i thought :roll:

TonyM
12-24-2007, 04:36 AM
That wasn't very nice now zap, no slack on Xmas eve?

To the op, I would study any trend that you think you see for at least 2 months, day in and day out...and don't try to prove your theory, try to disprove it, if you can't it's probably good to go.

netwrangler
12-24-2007, 09:16 AM
To the op, I would study any trend that you think you see for at least 2 months, day in and day out...and don't try to prove your theory, try to disprove it, if you can't it's probably good to go.
Let's hear it for the null hypothesis!
That is not only good science, but also a money saver. :D