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RD,
Given that the Lunar Cycle is approximately 21 trading days, does that
mean there is a correlation with the Lunar Cycle?
Thanks,
Norman
----- Original Message -----
From: "Research Dept." <research@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, May 18, 2001 8:35 AM
Subject: [RT] Band Study
> Hello rt's and you too ha/norman ,
>
> Below is a study I published some time back that attempts to track
> the survivability of a strong moment above or below a percentage
> band based on 21 day moving average. Why 21 days you might ask,
> that's because this study was originally done to get a feel for what
> an option writer might expect a movement in the market to do once it
> has shown some strength. So below in the picture you see these white
> dots, these dots appear once the movement of commodity rises above a
> band 2.5 percent each direction. What I like about the study is that
> it is percentage based and so it is dynamic and has held up fairly
> well over time. Anyway this is just presented as an interesting
> study nothing more nothing less, no buy or selling advice given
> here.
>
> http://storage.markbrown.com:50000/bands2.htm
>
> --
> Best regards,
> Research mailto:research@xxxxxxxxxxxxx
>
>
>
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