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 : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Atin who wrote (25051)	11/20/2000 7:19:32 AM
From: Patrick Slevin	Respond to of 34822

Probably not. East Orange is more like a third world country.

To: Atin who wrote (25051)	11/20/2000 7:48:55 AM
From: Patrick Slevin	Respond to of 34822

From a song by Bob Dylan, punkhart.com First time I ever worked in East Orange, New Jersey -- Folks, never go to East Orange, New Jersey, It's a horrible town. I one had to play in a coffeehouse out there. It was so bad -- uh -- so bad, People playing chess out there -- uh -- It's all they thought about Was chess 'n' chess 'n' chess. People come up to me You play a song, you play a real quiet song' In the middle of the song ya hear "check" And "Hey, that was a good move" And all kinds of stuff like that. Yes, folks, it was so bad I had a little dream out there The first night I worked, About this chess playing stuff. I dreamed I went to work out in East Orange, New Jersey, And -- uh -- about the time I quit in two days I went there to ask the guy for my money, "I worked two days for you" He says, "Uh, well, o.k., we don't pay money around here, though." I says, "Uh, yeah?" He says, "Uh, well" He says, "Uh, we pay chessmen." I said, "Uh, well, gimme my chessmen then. I worked for two days." I was sort of -- didn't really figure -- I thought he was lying at first, But I took it anyway. He gave me a king and a queen for working two days. I says, "Uh, fine, that's o.k." So I took my king and queen, went down to a bar, the nearest bar I could find. I walked in the bar and ordered a pint. Down the bar, the bartender, I says, "Can I have a pint?" I'll be damned, he give me a pint. He asks me for the money, I gave him my king and queen. I'll be damned, he took that king and queen, Threw it under the counter, And brought me out four pawns, two bishops, and a rook for change. Little story about East Orange, New Jersey.

To: Atin who wrote (25051)	11/30/2000 1:20:23 PM
From: Patrick Slevin	Read Replies (2) \| Respond to of 34822

There is a curious flaw in QPnF, I noticed it earlier this week and I just do not understand it. Seems like it may be specific only to the Canadian Dollar contract, traded on the CME. The SP Contract is traded there as well so I do not think the problem is Exchange related. However, it may be related to the requirement that QPnF needs to manipulate small numbers. The Contract is traded in ten-thousands, you see. So a quote may be 0.6526 which happens to be the last trade on the CD0Z, the December Contract. So, using 0.001 as a box size I get the market trading at 65.80 using a thirty minute chart. The Canadian $ has not been at 65.80 since October 31st, and has been as Low as 64.03 since. Further; of course your price column only goes out to hundredths, naturally. For a stock trader this is fine. But in Futures Markets they go out to the fourth decimal place. Not such a big deal, because we are looking at the X's and O's anyway but perhaps that has something to do with the error? I remember looking at Swiss Franc and Japanese Yen contracts which also use 4 decimal places but do not recall having this issue. They are also traded on the CME.