RE:RE:RE:SPY Correlationrocketjsquirrel wrote: ......and, one more thing regarding the last post. The association is much stronger for the past month of trading; if curious, check out the 1-month chart comparison outlined in the last post if.
Statistically, we would see that the longer the time frame examined, the poorer the correlation becomes, and this can be seen by looking at 6 months, one year, etc. For these long periods, there is practically 'zero' association with S&P.
RSquirrel, why did you have to go and use this analytic thing to establish some reasoning behind all these APH tracking with SPY theories. Do you kno how many bubbles you may have popped? Some will now have to get creative and find other reasons APH is being driven downward.
Sarcasm aside, thanks.
Cheers,
Donb