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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?

To: Matthew L. Jones who wrote (1636)	12/1/1999 12:58:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 7434

I was wondering if you had thought to swap out the contracts, but then it hit me that you would have hit on that idea soon enough, if you had not. Sure, 30 minute charts over 13 trading weeks equates to about 61 days or 793 bars if you throw out the last 15 minutes each day. That should be plenty, also news reports such as NAPM have resulted in more violent swings recently so they affect the data more these days than in prior times. One thing you might look at; if I recall my facts correctly the commodity pits divide up the day into 45 minute brackets, of which there are 9 in the spoo pit. They are labeled "A", "B", "C", et cetera. The most action is normally seen in the first three and last three brackets. I mention this only to suggest that you might, if you had the time and inclination, try looking at your data with brackets in mind. From what I recall, pit traders think in terms of brackets so it might not be a bad concept to think along those lines. Possibly you may find nuances that are more obvious than using 30 minutes. Your 15 minute time frame is naturally a subset of a full bracket, so perhaps you may already be viewing subtle differences in the 15 that do not seem so obvious in the 30. Just a thought.