My Qs end of quarter (EOQ) study concludes with this snapshot of weekly performance for 2002-2006. The data field is limited to only 5 years so I am reluctant to bet the farm on the results, but certain patterns do pop out here:1. The week before EOQ3 has been consistently negative 02-06.
This year is different.
2. The week of the EOQ3 has been close to the zero line 02-06.
This year is different.
3. The week following EOQ3 has been solidly up 4 out of the last 5 years.
4. The 2nd week following EOQ3 has been solidly down 3 out of the last 5 years.
5. The 4th week following EOQ3 has been up 5 out of the last 5 years, perhaps benefiting from October/November cusp buying.
The 2007 data shows impressive strength in the Qs relative to the past 5 years and the historical data suggests that strength is likely to continue through October.
All this sounds great but past performance is no guarantee of future success so caution is ALWAYS advised.
No comments:
Post a Comment