Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Matthew L. Jones who wrote (2250)	12/28/1999 9:00:00 PM
From: Patrick Slevin	Respond to of 7434

Well, I would rather get into this on P-Mail. But I don't think a 20 lot means much on the mini. That's only 4 SnP Contracts. There have been times when I have been long or short 12 full contracts and I'm not exactly a Player. What bothers me is that I'm not seeing enough size trading. But of course that could be because it's a thin week. There were full minutes today when nothing traded....not even on the Full Contract. It may be nuts to even think about trading a week like this. < On your time and sales for example I noticed 20 lots go by at one price.> Notice as well how often it changed during the course of a minute, I transcribed them without edit. How many times would you see that many ticks using QCharts without B/A changing as well. Further, there were no indications that it was 20 Bid, or 20 Offer. I don't know, I'm starting to think I have some of the Volume but not all of it. Anyway, it isn't all that important. I think the day this discussion started out was on an FOMC Date. Let me see if I can find Volume for 2:12 that day and post it and see if it lines up somehow with the action at the time.

To: Matthew L. Jones who wrote (2250)	12/28/1999 9:08:00 PM
From: Patrick Slevin	Respond to of 7434

Yes, if I'm getting Volume it cannot possibly be all of it. This is the data from that day with the FOMC Meeting.... 12/21/1999, 14:11, 1444.750000, 2 12/21/1999, 14:12, 1444.750000, 1 12/21/1999, 14:12, 1444.750000, 1 12/21/1999, 14:12, 1444.750000, 1 12/21/1999, 14:12, 1445.000000, 2 12/21/1999, 14:12, 1445.000000, 1 12/21/1999, 14:12, 1445.750000, 1 12/21/1999, 14:12, 1446.000000, 1 12/21/1999, 14:12, 1446.000000, 2 12/21/1999, 14:12, 1446.000000, 1 12/21/1999, 14:12, 1446.000000, 1 12/21/1999, 14:12, 1446.000000, 1 12/21/1999, 14:12, 1446.000000, 1 12/21/1999, 14:12, 1446.000000, 1 12/21/1999, 14:12, 1446.000000, 1 12/21/1999, 14:12, 1446.000000, 4 12/21/1999, 14:12, 1446.000000, 1 12/21/1999, 14:12, 1446.000000, 1 12/21/1999, 14:12, 1446.000000, 1 12/21/1999, 14:12, 1446.000000, 2 12/21/1999, 14:12, 1446.000000, 1 12/21/1999, 14:12, 1446.000000, 1 12/21/1999, 14:12, 1446.000000, 8 12/21/1999, 14:12, 1446.000000, 5 12/21/1999, 14:12, 1446.000000, 1 12/21/1999, 14:12, 1445.500000, 3 12/21/1999, 14:12, 1445.000000, 1 12/21/1999, 14:12, 1445.000000, 1 12/21/1999, 14:12, 1445.000000, 1 12/21/1999, 14:12, 1445.000000, 1 12/21/1999, 14:12, 1445.000000, 5 12/21/1999, 14:12, 1445.000000, 2 12/21/1999, 14:12, 1445.000000, 1 12/21/1999, 14:12, 1445.000000, 2 12/21/1999, 14:12, 1445.000000, 2 12/21/1999, 14:12, 1445.000000, 1 12/21/1999, 14:12, 1445.000000, 1 12/21/1999, 14:12, 1445.000000, 1 12/21/1999, 14:12, 1445.000000, 3 12/21/1999, 14:12, 1445.500000, 2 12/21/1999, 14:12, 1446.250000, 2 12/21/1999, 14:12, 1446.250000, 1 12/21/1999, 14:12, 1446.750000, 1 12/21/1999, 14:12, 1446.750000, 1 12/21/1999, 14:12, 1446.750000, 2 12/21/1999, 14:12, 1447.000000, 2 12/21/1999, 14:12, 1447.000000, 1 12/21/1999, 14:12, 1447.000000, 1 12/21/1999, 14:12, 1447.000000, 1 12/21/1999, 14:12, 1447.000000, 3 12/21/1999, 14:12, 1447.000000, 1 12/21/1999, 14:12, 1447.000000, 2 12/21/1999, 14:12, 1447.000000, 1 12/21/1999, 14:12, 1447.000000, 1 12/21/1999, 14:12, 1447.000000, 1 12/21/1999, 14:12, 1447.000000, 1 12/21/1999, 14:12, 1447.000000, 1 12/21/1999, 14:12, 1447.000000, 2 12/21/1999, 14:12, 1445.750000, 5 12/21/1999, 14:12, 1446.500000, 4 12/21/1999, 14:12, 1446.500000, 1 12/21/1999, 14:12, 1447.000000, 2 12/21/1999, 14:12, 1447.000000, 1 12/21/1999, 14:12, 1447.000000, 2 12/21/1999, 14:12, 1447.000000, 1 12/21/1999, 14:12, 1447.000000, 1 12/21/1999, 14:12, 1447.000000, 2 12/21/1999, 14:12, 1447.000000, 1 12/21/1999, 14:12, 1446.000000, 1 12/21/1999, 14:12, 1446.000000, 1 12/21/1999, 14:12, 1446.750000, 3 12/21/1999, 14:12, 1445.000000, 5 12/21/1999, 14:12, 1444.500000, 1 12/21/1999, 14:12, 1447.250000, 2 12/21/1999, 14:12, 1447.250000, 2 12/21/1999, 14:12, 1447.250000, 1 12/21/1999, 14:12, 1446.750000, 4 12/21/1999, 14:12, 1446.750000, 3 12/21/1999, 14:12, 1446.750000, 5 12/21/1999, 14:12, 1446.750000, 2 12/21/1999, 14:12, 1447.000000, 1 12/21/1999, 14:12, 1446.750000, 1 12/21/1999, 14:12, 1447.000000, 1 12/21/1999, 14:12, 1446.500000, 1 12/21/1999, 14:12, 1446.000000, 1 12/21/1999, 14:12, 1447.000000, 2 12/21/1999, 14:12, 1447.000000, 1 12/21/1999, 14:12, 1447.000000, 1 12/21/1999, 14:12, 1446.750000, 2 12/21/1999, 14:12, 1447.000000, 3 12/21/1999, 14:12, 1447.000000, 2 12/21/1999, 14:12, 1447.000000, 1 12/21/1999, 14:12, 1447.000000, 1 12/21/1999, 14:12, 1446.750000, 9 12/21/1999, 14:12, 1447.250000, 1 12/21/1999, 14:12, 1447.500000, 1 12/21/1999, 14:12, 1446.750000, 5 12/21/1999, 14:12, 1447.000000, 1 12/21/1999, 14:12, 1446.500000, 2 12/21/1999, 14:12, 1446.500000, 1 12/21/1999, 14:12, 1446.500000, 4 12/21/1999, 14:12, 1446.500000, 1 12/21/1999, 14:12, 1446.500000, 2 12/21/1999, 14:12, 1446.500000, 5 12/21/1999, 14:12, 1446.500000, 4 12/21/1999, 14:12, 1446.250000, 5 12/21/1999, 14:12, 1446.250000, 2 12/21/1999, 14:12, 1446.250000, 10 12/21/1999, 14:12, 1446.500000, 2 12/21/1999, 14:12, 1446.250000, 1 12/21/1999, 14:12, 1446.250000, 3 12/21/1999, 14:12, 1446.250000, 1 12/21/1999, 14:13, 1446.500000, 1 12/21/1999, 14:13, 1446.250000, 2 12/21/1999, 14:13, 1446.250000, 1 12/21/1999, 14:13, 1446.000000, 3 12/21/1999, 14:13, 1446.500000, 1 12/21/1999, 14:13, 1446.500000, 2 12/21/1999, 14:13, 1446.250000, 1 12/21/1999, 14:13, 1446.000000, 1 12/21/1999, 14:13, 1446.500000, 1 12/21/1999, 14:13, 1446.250000, 1 12/21/1999, 14:13, 1446.000000, 5 12/21/1999, 14:13, 1446.000000, 2 12/21/1999, 14:13, 1445.750000, 1 12/21/1999, 14:13, 1445.500000, 2 12/21/1999, 14:13, 1445.750000, 2 12/21/1999, 14:13, 1445.750000, 5 12/21/1999, 14:13, 1445.000000, 1 12/21/1999, 14:13, 1445.000000, 2 12/21/1999, 14:13, 1445.500000, 10 12/21/1999, 14:13, 1445.750000, 1 12/21/1999, 14:13, 1445.750000, 1 12/21/1999, 14:13, 1445.750000, 3 12/21/1999, 14:13, 1446.000000, 2 12/21/1999, 14:13, 1446.000000, 5 12/21/1999, 14:13, 1446.250000, 2 12/21/1999, 14:13, 1446.500000, 1 12/21/1999, 14:13, 1446.750000, 1 12/21/1999, 14:13, 1447.000000, 8 12/21/1999, 14:13, 1447.500000, 5 12/21/1999, 14:13, 1447.750000, 10 12/21/1999, 14:13, 1446.250000, 5 12/21/1999, 14:13, 1447.750000, 7 12/21/1999, 14:13, 1447.000000, 1 12/21/1999, 14:13, 1446.250000, 7 12/21/1999, 14:13, 1446.000000, 10 12/21/1999, 14:13, 1445.250000, 5 12/21/1999, 14:13, 1445.000000, 6 12/21/1999, 14:13, 1445.000000, 1 12/21/1999, 14:13, 1445.000000, 4 12/21/1999, 14:13, 1445.250000, 2 12/21/1999, 14:13, 1447.500000, 5 12/21/1999, 14:13, 1447.750000, 1 12/21/1999, 14:13, 1447.750000, 1 12/21/1999, 14:13, 1447.750000, 4 12/21/1999, 14:13, 1447.500000, 1 12/21/1999, 14:13, 1447.500000, 5 12/21/1999, 14:13, 1447.500000, 3 12/21/1999, 14:13, 1445.000000, 2 12/21/1999, 14:13, 1445.000000, 14 12/21/1999, 14:13, 1445.000000, 5 12/21/1999, 14:13, 1445.000000, 2 12/21/1999, 14:13, 1445.000000, 3 12/21/1999, 14:13, 1445.000000, 1 12/21/1999, 14:13, 1445.500000, 1 12/21/1999, 14:13, 1445.500000, 9 12/21/1999, 14:13, 1448.000000, 6 12/21/1999, 14:13, 1448.000000, 3 12/21/1999, 14:13, 1448.000000, 1 12/21/1999, 14:13, 1448.000000, 1 12/21/1999, 14:13, 1446.250000, 1 12/21/1999, 14:13, 1446.250000, 1 12/21/1999, 14:13, 1445.750000, 2 12/21/1999, 14:13, 1445.000000, 1 12/21/1999, 14:13, 1445.000000, 1 12/21/1999, 14:13, 1445.000000, 1 12/21/1999, 14:13, 1446.250000, 1 12/21/1999, 14:13, 1446.250000, 2 12/21/1999, 14:13, 1447.000000, 3 12/21/1999, 14:13, 1445.000000, 5 12/21/1999, 14:13, 1446.750000, 1 12/21/1999, 14:13, 1447.000000, 2 12/21/1999, 14:13, 1447.000000, 1 12/21/1999, 14:13, 1448.000000, 14 12/21/1999, 14:13, 1447.750000, 1 12/21/1999, 14:13, 1447.750000, 1 I give up. It's too much trouble. I think there is something there, but it does not matter enough to me to try to guess at what it is. EDIT Perhaps I'm getting the number of ticks in a hundredth of a second. I have no other answer.