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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: StockOperator who wrote (7027)2/25/1999 8:04:00 PM
From: Richard Ruscio  Read Replies (1) of 99985
 
Thank you for your insights. But I do have one question about this Friday thing:

Why is COB Friday any different than any other weekly single point in time - 2:35 PM on Tuesday, for example. You'll still see the long term trend, still see on average the same weekly differences as on Friday, and generally get all the same weekly cyclical behaviour.

Granted, you don't get 2 days of uncertainty with a closed market on weekends.

Again, thank you for your posting. I'm learning a lot. Hope you like teaching !!

rr
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