		(1)	(2)	(3)
VARIABLES	LABELS	Change in 100* log price of S&P500'	S&P500 Gurkaynak intraday series	Change in 100* log price of S&P500'
				
path	path	-0.76	-3.12	8.67
		(4.13)	(1.12)	(23.74)
Constant	Constant	0.20	-0.06	-2.65
		(0.12)	(0.05)	(0.67)
				
Observations		106	106	106
R-squared		0.00	0.09	0.00
Robust standard errors in parentheses				
