Tactical musings, technical timing indicators and risk management strategies
Wednesday, January 09, 2008
Qs monthly perspective
For another perspective on the current situation with the Qs, here's a monthly chart of the 3LRs study (30,11,3) which shows the Qs superior performance in 2007. The chart also dramatically shows the carnage of the current month. Reversion to the LR30 mean would bring the Qs to the 45 level, which may not necessarily get hit on this cycle, but it's a target to keep in mind.