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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.31-1.1%Nov 6 4:00 PM EST

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To: Jack of All Trades who wrote (37678)1/20/2000 8:25:00 AM
From: Terry Whitman  Read Replies (1) of 99985
 
Good point on the std. dev. I had to pull out the book to recall how to figure them, <g> but here they are:

Since sample size, n < 20 , a range estimate calculation is used.
Calculations of the daily std. dev's produce the following:

MON avg. = -2.1, s.d. = 9.3
TUE avg. = -9.1, s.d. = 24.6
WED avg. = +7.5, s.d. = 13.0
THR avg. = +11.0, s.d. = 15.0
FRI avg. = +12.0, s.d. = 26.1

The high std. dev. values show how volatile the market has been over the last 13 weeks, particularly on tuesdays and fridays.

Regards,
TW
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