Sorry -- the test is run 31 times, once for every day of the month. 22 of those will show trading results.
On Sat, Oct 18, 2008 at 8:41 AM, Howard B <[EMAIL PROTECTED]> wrote: > Hi Richard -- > > Thanks for the kind words about my book. > > I may not have sufficiently clear. The test is run 22 times. Each time > the day of interest is one of the 22 trading days of the month. The test is > to see whether there is an effect near that day of interest, so there is no > need to gather results for all days. > > Thanks, > Howard > > > On Sat, Oct 18, 2008 at 12:14 AM, richpach2 <[EMAIL PROTECTED]> wrote: > >> Hello Howard, >> >> I have been reading your book. So far I was able to digest 160 pages. >> It is all very clear and well written. I have one question in regards >> to "Seasonality Systems" testing on page 152 and 153 (Trading Day of >> the Month) AFL defines "Daynumber" as 8 bars before and after DOI day. >> If we have 22 trading days on average in any given month, why do you >> only test for 16 or 17 if one includes DOI day? >> Is there a reason why you don't use Minus11 instead of Minus8? >> >> Kind Regards >> Richard >> >> >> > >
