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usafa

09/22/11 2:40 PM

#167882 RE: David Fowler #167878

I wouldn't say it is totally independent....I would say "very, very loosely dependent."
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wshaw14

09/22/11 2:43 PM

#167886 RE: David Fowler #167878

So you say? You do know what opinions resemble? Everybody has one. Some state them as opinions, and some state them as fact. "KATX has no trading relation to the broader index's. No correlation whatsoever." Indeed????
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chmcnfunds

09/23/11 9:03 AM

#168065 RE: David Fowler #167878

To see the rather strong correlation which certainly reaches statistical significance your merely have to chart KATX against a major index. Go to Google Finance which allows you to overlay KATX pps chart with the DJI and the relationship is there to view:

http://www.google.com/finance?q=katx

Merely enter INDEXDJX:DJI where it says Compare and set to 6 months or YTD. You will see the two patterns are strongly correlated.

In interest of disclosure, please provide the board with a link which supports your statement of no correlation.

KATX/BVIG/KATG