Originally posted by mr tall
I check my temperature every morning and enter it on a spreadsheet. I make weekly graphs on Saturdays, monthlies on the 1st of the following month, semi-annuals and annuals. Then 5 and 10 years. I plot standard deviation against the Dow, and other key indicies, currencies, treasuries and other indicators: I had to play with sensitivity to minor fluctuation to achieve proper scale. I use it to make macro-market calls. I use my own rate of temperature change, to time entrance and exit points. By applying a fibonacci I can fine-tune that timing, and watch for the key support and resistance levels.
And oh yeah, it's a rectal thermometer
That's crazy, because I do exactly the same thing. Well, the rectal thermometer part, not the rest.