These stages are prophase, prometaphase, metaphase, anaphase, and telophase. During mitosis, the chromosomes, which have already duplicated, condense and attach to spindle fibers that pull one copy of each chromosome to opposite sides of the cell. The result is two genetically identical daughter nuclei.
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As shown on the figure, the last of these crescendos in price variance happened in 2011 and before that there were surges in volatility in 2008/9 and 2005/6. Further analysis of the figure is that the 2014 Black Friday âcrashâ in oil price is occurring âas near as dammitâ on cue within this cycle. Thus, the current drop in oil prices provides the fourth confirmation that a long-term oscillation in oil price volatility has been established.