Subject: Question to MI board, 99-day rule.
I noticed lately that after a few days where nothing happened, stock-gambling euphoria reduced a little on forums I read.
On days the market dumps a bit, it reduced more.
On steep down days, it reduces fast.
If anyone is interested in the 99-day 'dying bullish euphoria' rule/MI approach, and if you have a coded-up implementation of the 99-day rule which can be adapted, could you please consider trying this modification and let me know the result?
- Day with no new high, flat or rise: +1 days to clock.
- Day with drop >0.5%: +1.5 days to clock.
- Day with drop >1%: +2 days to clock.
I would love to know if it would be either more predictive or if it would help the spread of results (60-120 day rules) to clump together more.