Lisa,
Concerning weekends effecting my analysis, thats a very good point. Since my data is limited, and cannot see how such reacts over a weekend since none of the four instances occured over a weekend.
That by itself could totally negate my analysis. If no such signal happens over a weekend over, lets say a 2-3 year period, that could be a very viable statistical conclusion.
Lets hope not for us PUT players.
As I indicated before, so far, I feel comfortable with this analysis since it is identifying a specific type of technical pattern, not noticable on plain charts, and it is actually obvious since it takes the form of an anomoly.
This is an ongoing study, so wish me luck.
By the way, my GUTIAR is also stating equal volitility in the opposite direction. Lets hope the weekend, or anythingelse does not negate this signal.
Seeya |