No. But this rule does not apply to all markets. Every market has its singularities. Hangseng is a nasty beast...
Indeed! Asian equity price action currently looks rather whipsawish. Maybe the Hang Seng will do another abrupt mid-morning turn today?
http://www.jpmorgan.com/cm/cs?pagen...ge_Template&cid=1159308188388&c=JPM_Content_C http://www.option123.com/volatili.htm
Thanks for the links, although I don't quite get your point. In any event, trying to concentrate to manage my SPI and Hangseng shorts.