|
PureBytes Links
Trading Reference Links
|
In reply to my question about foreign markets, Gwenn wrote:
> Correlation is less than what the eye says and varies a lot over time.
> European markets are more correlated to the US than Asian markets, but
> mostly on the downside in sharp trends, less so on the upside...
Yeah, that's pretty much my impression. I'd still like to find some
hard statistics, though. No big thing. For practical purposes, it's
enough to know not to wait for an anvil to fall on you in New York
if Tokyo, Hong Kong, and London have all collapsed.
Owen Davies
|