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


To: OX who wrote (1486)11/10/1999 7:52:00 AM
From: Matthew L. Jones  Read Replies (1) | Respond to of 2103
 
Ox,

Got the P&F book you recommended. I like it so far. Gosh. it is a slow read. Not much fluff, if you know what I mean. I like the premise that price is a function of supply and demand and that's all. When I figured that out I began to make money! So much for "value" investing.

I had a question I thought you might be able to answer. Is it possible to do P&F using an hour time frame or a thirty minute time frame (on an index) with any success? How does P&F work on indices? I guess that's two questions <g>. Thanks.

Matt



To: OX who wrote (1486)11/10/1999 11:10:00 AM
From: jjs_ynot  Read Replies (1) | Respond to of 2103
 
OX,

The parity (Max Pain) point is close to the market for NDX/QQQ reading your table and yet the weighted 10 stock individual equity option index is about 15 percent below current market values.

The upshot of this will be very interesting.

Dave



To: OX who wrote (1486)11/10/1999 10:55:00 PM
From: OX  Read Replies (1) | Respond to of 2103
 
67.50 10MA BPNDX 53.00 62.00 64.00 64.00 65.00 67.00 73.00 77.00 75.00 75.00

48.04 10MA BPSPX 39.60 45.40 46.80 47.40 48.20 49.40 50.60 50.60 50.60 51.80

----- Top 10 NDX components (WEIGHTED) -----

Q 4805.45 (10)
MP 3967.20 (10)
which correlates to 2310/115.48 (for NDX/QQQ @ 2798/139.88)

----- ndx 1110 -----

NOV99 Total maximum Losers is 19320 strike 700.000
Total minimum Winners is 6769 strike 700.000

----- qqq 1110 -----

NOV99 Total maximum Losers is 57182 strike 140.000
Total minimum Winners is 22162 strike 140.000

----- spx 1110 -----

NOV99 Total maximum Losers is 285885 strike 350.000
Total minimum Winners is 98039 strike 350.000

----- oex 1110 -----

NOV99 Total maximum Losers is 250297 strike 710.000
Total minimum Winners is 49035 strike 710.000



To: OX who wrote (1486)11/11/1999 10:18:00 PM
From: James F. Hopkins  Respond to of 2103
 
TO ALL; On this day in 1985
1985 Optimism About Nation's Fiscal
Future

November 11, 1985, did not have the
makings of record-breaking day: the
economy was, at best, in middling health
and a number of financial institutions were
closed for Veterans Day. However, that
didn't stop traders from feeling a growing
sense of optimism about the nation's fiscal
future. Their good tidings spilled over into
the markets, as the Dow, New Stock
Exchange, and Standard and Poor's index
all reached new heights. What, then,
caused Wall Street to feel so confident
about the otherwise unspectacular state of
the economy? Many traders pinned their
hopes on declining interest rates, rising
productivity, and the Fed's continued ability
to reign in inflation to help spark profits.
There were some dissenting voices,
including a chorus of analysts who warned
that the markets would suffer an inevitable
"correction" before making any more big
gains. Yet far from retreating downward, the
markets kept picking up steam, charging
into a record-setting bull run that lasted well
into 1987.

-----------------------
Hmmm 2 more years of insanity might be more than i can stand