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Stochastics discrepancy????



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Ton Maas,

Thanks very much for clarifying the distinctions between the Stochastics
formulations.  I've overlayed both versions to clearly see the differences.
On the shorter time periods (5 days, 8 days), the difference appears to have
to do with volatility.  As the time period increases (89 days), the
difference between the two versions approaches zero.

Nicholas