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To: Land_Lubber who wrote (48140)9/10/1999 4:20:00 PM
From: John Graybill  Read Replies (1) | Respond to of 53903
 
There would have been only one, and I marked it as "weak". When the boomerang's in the air, you know it.

Well, I gotta say that I'm gritting my teeth a little bit. The data from last nite's post says we haven't had a boomerang featuring a Friday low in the past 17 expirations, but we 've had five lows on Mondays.

What follows from that is that if Friday is lower than Thursday, it continues lower than that into Monday. Doh.

Didn't check for up-down reversals. I don't have any similar recollection of short-term spike highs happening on a regular calendar basis. Toutfests are the best bet for that kind of thing.