High and Low variances
"Roger Coppock" wrote in message
...
While I was examining another question, I happened to notice a
large difference between the variances of the daily high and
daily low series. The day to day variance of the daily high
series is much greater than the day to day variance of the
daily low series.
Why are daily lows steadier that daily highs? I am sure
someone has seen this before, it is way too obvious to overlook.
Does anyone have any references?
Well, man, the Quaaludes are way outaline with the like manufacturing, ya no
?
And weed just keeps gettin better, eh ?
--
Minutus cantorum, minutus balorum,
minutus carborata descendum pantorum.
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