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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: Joss who wrote (4537)9/30/1999 1:35:00 PM
From: JDinBaltimore  Read Replies (2) | Respond to of 5676
 
Hello Joss,

You got that right! I just started working with this home grown concoction - actually it missed/I missed 2 breaks outside the band yesterday at the close. This model computes using realtime data sort of a synthetic option which trades inside a set of non-standard curves correlated to the VIX. It is extremely sensative - picked bottom turn-up at 1271.81 SPX today - currently trading in this cycle. If upper or lower bands are broken, has been extremely reliable for turn to opposite direction; although it allows for no amplification factor for the move,ie. how strong. But I only trade SPX options and has been very reliable for at least 5 points when a band is broke.Don't know if it would work with other indexes. I'll post when I get signal from current upswing for the next turn down - Strictly a DAY-Trade indicator.

Also, possibly you have some insight. I am very curious about how the quarter end affects bouyancy of the markets- if you'll remember a few days ago dow down 225, within 45 minutes was break-even it had to do with fund managers "window dressing" for the quarter which ends today. This narrow band of trade today may be just fund mgrs keeping everything in check until the end of the day. Just an observation.
Best Regards
JDinBaltimore