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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket. -- Ignore unavailable to you. Want to Upgrade?

To: Matthew L. Jones who wrote (1268)10/7/1999 9:29:00 AM
From: OX  Respond to of 2103
 
yes, this is the maxpain thing we've talked about before.
Even tho I calc it, I don't put a lot of practical value behind it. it's just another datapoint. (I wrote a program to calc it, so the effort part is over with)
in particular, as you point out, I don't think it works as well on indices as the maxpain point tends to get 'pulled' in the direction of the index. IMO.
SP futures sure seem to do a good job of pushing the SPX around quite a bit ;-)


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