biggd's sneak peak commercial weekend zoomba, page-79

It's interesting that, since 1992, Veterans Day has had a tendency to be lower.

(See Quantifiable Edges).

11/11/11 this year in America was higher. Does that mean anything?

Probably not.

CXO Advisory group has done an exhaustive analysis of trading around 3-Day weekends. Here is their comment on the results:

"In summary, evidence from simple tests does not support a belief that investors/traders tend to exit the market before three-day weekends and re-enter after. There may be some tendency toward extra bullishness (bearishness) before (after) three-day weekends, but this tendency is not very consistent."

For the full report go to:

http://www.cxoadvisory.com/4467/calendar-effects/any-stock-market-anomalies-around-three-day-weekends/

Redbacka.