| Yesterday morning I figured my favourite stock will open UP big time. That's based upon ![]() Indeed, I generated a chart like so: ![]() Though a 3% increase in the Open (from the previous Close) would guarantee a gain (from Open to Close) of 0.68022% (accurate to five places of decimal), I go for the 2%. I'm not greedy, eh? GCE does open at 2% greater than the previous Close and I buy it at $4.12 ... eagerly. Then I watch in dismay as it drops to $4.06. Now I'm investigating the error in the assumptions. Math is never wrong, right? Now there's this Theory of Gremlins in Mathematics. Maybe, just maybe ... ![]() PS#1 If one doesn't mind a few gremlins, the spreadsheet is available for amusement, here: http://www.gummy-stuff.org/Excel/BuyOPEN.xls PS#2 After Have I said that before? A week ago I made a prediction (for my brother-in-law). I said that his CBQ = BRIC stock (then $27.75) would hit $31 in two weeks. Though we both laugh, he keeps reminding me of the prediction. I take a peek this morning and find that it's trading at (about) $30. (It closed at $29.97.) If my predictions comes to pass, people may actually take 'em seriously ... and that ain't good. ![]() |
Showing posts with label Gremlins. Show all posts
Showing posts with label Gremlins. Show all posts
Wednesday, October 14, 2009
Gremlins
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Gremlins
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