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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: nspolar who wrote (2020)3/7/2004 1:51:31 PM
From: Louis V. Lambrecht  Read Replies (1) | Respond to of 60914
 
Since I dicovered the relationship between o/i and PoG, I drive with the o/i. By Monday noon, we will know if the o/i has increased Friday as it did Thrursday.

If the total o/i is above 240K contracts, we are up gain for the PoG.
If Friday's uptick was a trick, commercials should have covered and total o/i should be lower, calling for lower PoG (and less net commercials shorts at next report).
In the same rationale, when specs increase their long positions. total o/i should incresae. Options beeing a zero sum game, specs can only go long if the other party (the coms) goes short. It were the specs going long who made the Oct-Dec rally.

So, as long as total o/i is on a rise, I keep my positions. Even after tax-pay day.