Wednesday, October 24, 2007

The Machine was right!

The Man:

Well, based on the fact that the machine correctly guessed SAY's initial buy reading, and has posted a sell today means that the wise trader who listened to The Machine would have made roughy $5 in profits per share... This is ~20%. SAY is a particularly good stock for these technical indicators.

Disclosure: I do not own any stock in SAY, and don't invest in any companies that The Machine posts. I have The Machine running a personal set of stocks that I'm trading myself. Let me know if there's a particular stok you want me to run through the model.

More later...

P.S. The share price is not the closing or the opening price of the stock. It is the average.

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