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Gold/Mining/Energy : Silver prices
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To: paul ross who wrote (800)2/26/1998 4:24:00 PM
From: Ahmed Elneweihi  Read Replies (1) of 8010
 
Congratulations! Today's action confirmed your theory. I have one question. Are your open interest figures those for only one month? I understand that you should take all months into account since people would be rolling their position from the month about to expire to the following month.

I also read about the sideway movement along with a change in open interest. I think Larry William wrote about this in his book published in the late seventies. But, I remember he was talking about a big change in OI, e.g., >20% during the sideway movement. Does your experience show that only a change of this magnitude is meaningful?
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