Predicting market order with the Delta phenomenon by J. Welles Wilder
ARTICLE SYNOPSIS ...Predicting market order with the Delta phenomenon by J. Welles Wilder
Does each market have an underlying order that makes it predictable?
The answer is yes. That order makes a riskless trading strategy possible.
The Delta phenomenon shows the underlying order of the market, and zero-coupon government bonds are the vehicles to buy and sell to take advantage of the predictable sequences. You can't lose because even if you bought the bonds at their exact 30-year high, you can hold them to maturity and collect about 10% interest on your money.
What is the Delta phenomenon? Every freely traded...
AUTHOR: J. Welles WilderDATE: APR 1990