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80% Rule
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JC STONE
Posted 1/22/2019 08:32 (#7263351)
Subject: 80% Rule


So even if the 80% rule is valid on price , nothing tells us when. It could be this week , this month , next year. So here we are again. Higher prices are just around the corner some say, when is just around the corner, before I need to sell , after I need to sell. What if I am offered a profitable price before price hits the median line, will I take it.
So without knowing when , even if we know price , our success is somewhat limited. And we even don't know price , we know a range of prices because of the uptrending median line. So I will use this tool in addition to others, looking for ways they compliment each other.
I think it was in 2016 when Fry called the high in corn. Boom she hit the median line and well as intersected with a prior major top during a peak seasonal sell time frame. Now that I can use.
But to think I can predict price to be x on y is just pure folly with any methology.

Edited by JC STONE 1/22/2019 08:33
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