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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin!

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To: Brian Hornby who wrote (1265)11/20/1999 11:44:00 AM
From: Patrick Slevin  Read Replies (3) of 7434
 
<Though I guess if I start just picking the system that conforms to my pre-conceptions then perhaps I should just use the pre-conceptions as the system>

I hear that.

Do you use QCharts? Someone just showed me something on it yesterday, regarding the NDX versus the SPX. You may know this already.

If you take a chart and type in the following;

INDEX:SPX.X / NDX.X

The resulting Chart will give you the ratio of the SPX move versus the NDX move. It's dropping like a rock in comparison. I'm not sure what that tells us, but perhaps if we fiddle around with it for a bit there is something there worth knowing.

Also, I was e-mailed about a Tracert Program that pings repeatedly. The person who mentioned it uses it in the background to make certain his connection to his on-line broker is always up. This way, if he is about to establish or exit a trade one glance tells him whether or not the connection is up.

I don't know if this is useful or not, but once I dig through my e-mail I'll find the site and check it out. I'll post the link at that time.
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