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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: sea_urchin who wrote (19802)	12/15/2003 2:38:49 PM
From: IngotWeTrust	Read Replies (1) \| Respond to of 81108

More along the lines of something we can agree on: Someone else posted the following: I'm just reposting for you to see, since I recall your regression work is "legendary" OPEN QUOTE: <font color=slateblue> I ran a simple regression analysis on the DAILY Price of Gold (London PM fix) versus the DAILY closing price on the HUI from 12/19/01 through 12/12/03. The correlation is about 86.4% on 497 observations which is a decent correlation for a simple linear equation (y=mx=b). The formula would be POG = .71785 * HUI + 236.50. So for example, if HUI were to close at 237.82, the POG would tend to be somewhere around 407.22 +/- 11 most of the time. Regression Statistics Multiple R 0.929339861 R Square 0.863672578 Adjusted R Square 0.863397169 Standard Error 11.70816875 Observations 497 I have further noticed that if there is an unusual non-correlating move in either gold or HUI, that they tend to reconverge over a period of a few days and keep moving forward again together. The moves have tended to be sporadic and large. Either we get a significant spike up in gold, and then it take HUI some time to 'catch up' or we get a large drop in HUI that tends to sharply recover back to the trendline within a week. </font color>