Model update for today's market (7/26)

smallwonder said: "Today's buy model number is -0.46 (was -0.28 yesterday), and the sell model number is 1.7 (was 1.56 yesterday). NO SELL SIGNAL FOR TODAY (a qualified sell signal requires negative sell model number for two consecutive days, and one of them less than -1.2). A few of viewers asked about how I get the number "more than 90% accuracy". During the period from 72/2003 to today, there were 9 buy signals (If multi buy (sell) signal were generated before a sell (buy) signal, only the first is counted as a buy (sell) signal), and 8 sell signals (the nineth is still waiting). For one of the sell signals, two days later the SP500 closed at 1046.03. When the next buy signal issued, and two days later, SP500 closed at 1058.56. So this is counted as a failure for the model. Another sell signal issued at 1181.94, while the buy signal issued at 1183.72. I counted as even. All other signals showed significant gains. So the failure rate is about 1 in 16 so far."