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 : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: OX who wrote (33000)	10/15/2000 6:06:30 PM
From: Dan Duchardt	Read Replies (1) \| Respond to of 42787

Hi OX, I saw your earlier post, but it's not clear to me what you are calculating. It hints of a calculation that is just counting winning and losing contracts. That is probably a reasonable approximation when the distribution of contracts is relatively "normal", but a true MaxPain calculation is about money and is based on the valuation of those contracts at expiration time. I also don't know how to interpret your "top 10" calculation, perhaps because I don't know enough about the relationship between NDX and QQQ. It seems to be a roughly 40x relationship. What does a number like 78 or 80 mean for the NDX top 10? How is it normalized? Dan