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On Tuesday, May 22, 2001, 1:43:56 PM, charles meyer wrote:
cm> This becomes even more meaningful when one researches this
cm> phenomena back for about 50 years. Kinda like the 'Down Friday,
cm> Down Monday' rule which stopped working in more recent years.
Yep. Nothing says a good correlation has to continue. You might find a
great correlation between a certain price behavior in the last hour
and a good EOD move. Take advantage of it while it lasts. :-) Also
might like to have a way to tell when it is probably gone. (there's
that stat word again) I'll bet you don't want to wait until you are
*absolutely sure* it is gone. :-)
ztrader
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