Thx for the share, Rob! Intraday results from 2008 are almost in a category by themselves, there was so much fear and volatility. If one were to throw them out, leaving just one datapt, which is insufficient, we all disappear, analysis-wise.
However, an real interesting application arises--almost like a mini Aggregator concept-- which is to measure the possible "submerged beachball" bounceback implied by the prior day's study... in light of today’s.
Sometimes, when such an effect is delayed, it emerges even stronger; other times it is simply negated by a new stimulus to the markets.
Maybe this study, today's, says to damper expectations of such a snapback occurring on this occasion. Because, while inconclusive in one sense, today's study is def'ly not bullish.
Thx for the share, Rob! Intraday results from 2008 are almost in a category by themselves, there was so much fear and volatility. If one were to throw them out, leaving just one datapt, which is insufficient, we all disappear, analysis-wise.
ReplyDeleteHowever, an real interesting application arises--almost like a mini Aggregator concept-- which is to measure the possible "submerged beachball" bounceback implied by the prior day's study... in light of today’s.
Sometimes, when such an effect is delayed, it emerges even stronger; other times it is simply negated by a new stimulus to the markets.
Maybe this study, today's, says to damper expectations of such a snapback occurring on this occasion. Because, while inconclusive in one sense, today's study is def'ly not bullish.
Again thx from all of us readers.