Time difference on the Brownian curve (Q1366723)

Let \(\{W_t\), \(t\geq 0\}\) be a linear Wiener process strating from 0. For each \(t>0\), we define \[ X_t= \inf \{s>0: W_s= \sup_{0\leq u\leq t} W_u\}, \quad Y_t= \inf \{s>0: W_s= \inf_{0\leq u\leq t} W_u\},\quad Z_t= |X_t- Y_t|. \] It is easily seen that \(\limsup_{t\to \infty} (Z_t/t)=1\) a.s. Thus the natural question is: how can \(Z_t\) be close to \(t\)? The author presents the answer to this question. He presents ``lim sup'' and ``lim inf'' iterated logarithm laws for \(Z_t\), \(t>0\), as well as for \(\max (X_t,Y_t)\) and \(\min (X_t, Y_t)\).