Well my answer is simply correlations don't have to hold up over an hourly/daily basis.
The basic trend components are really about the same to me, but the timing is different.
Thursday, December 4, 2008
Chopping To Gomorrah
Tim Knight asked plaintively this morning "Why is EUR/USD going up and DBA going down?" (I'm rephrasing here)
Well my answer is simply correlations don't have to hold up over an hourly/daily basis.
The basic trend components are really about the same to me, but the timing is different.
Well my answer is simply correlations don't have to hold up over an hourly/daily basis.
The basic trend components are really about the same to me, but the timing is different.
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