SI
SI
discoversearch

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 : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: ViperChick Secret Agent 006.9 who wrote (37650)3/27/1998 3:52:00 PM
From: Electric  Respond to of 58727
 
Lisa,

If you can track that and it is accurate, there is your answer..

These buy/sell seem to add/sub anywhere from 20- more points and I have seen it, as have all of us..

It would be nice to get in on that, but how to get in at a place where it would gain an investor.. a INDU call/put wouldnt do any good IMHO...



To: ViperChick Secret Agent 006.9 who wrote (37650)3/27/1998 4:03:00 PM
From: j g cordes  Read Replies (1) | Respond to of 58727
 
Gooooonnnng ! Have a great weekend all.

Jim



To: ViperChick Secret Agent 006.9 who wrote (37650)3/27/1998 4:12:00 PM
From: Nemer  Read Replies (1) | Respond to of 58727
 
program trading

My programmer bud happened to be at the phone when I just called.

He has already been working it into the info I get.
I've urged him in the past, to have BigBoy do some research on the subject, and he said it's partially complete.

The start point is much harder to locate and identify than the end point, according to him...
but there is already SOME of that type of info that's helping to create the points I'm posting now, both for stop and start of buy and sell programs.

He did say that an incorrect reading
WILL DEFINITELY OCCUR
and my money WILL be lost in a true panic sell off,
when the decline will go completely OFF the scale----
but that with the normal program trading that is taking place nearly daily, the points that I'm receiving now will serve to locate the end point of either buy or sell programs, however, due to the intensity of the rate of movement it's necessary to increase in the "stretch factor" to one point....

hmmmm

Food for thought...

Here everyone is going to have a good weekend and poor ol dummy here is going to have to perform manual labor....

a 35-40 ft silver leaf maple tree in the side yard and a 75-80 ft cottonwood in the back yard are coming down tomorrow.
Lightening killed the maple and severely damaged the cottonwood, which is not a very good tree to have anyway-----messy as all get out for 3-4 weeks in the late spring--makes the yard appear as if snow had fallen

have 3 hands coming and hope all I have to do is supervise......ggg

Regards---Nemer



To: ViperChick Secret Agent 006.9 who wrote (37650)3/27/1998 7:51:00 PM
From: Electric  Read Replies (2) | Respond to of 58727
 
Lisa,

I was looking at Camps site with great interest..

Are you a member of the organization?

I saw the trading points for the day (For example today Buy prog was at $13.02, Sell was at $9.62 and FV at $11.14)

Does this mean every time the spread gets over FV by about 2 bucks that the buy programs go into effect? And does FV stay the same all day? From reading the site, it seems that it does and doesnt change except due to time and price of the contracts (future and current S&P)

If thats the case, everytime the S&P current contract went ahead of the futures contract a buy went in and when it got behind by the dollar value stated, a sell went in...

If that were the case as this HL Camp site says, then a zillion little traders bought or sold the contract and made alot of $$$$$$$ today, especially with the moves of the market..

And to go a step further, the general market is playing when the programs are off (which I couldnt tell how much or long it takes to get out of a program) and actually determines when the programs will hit..

On the free site I didnt see the actual times they expected the programs to occur, but it implied that they give that to subscribers. It also stated that their accuracy is in the range of 80%, thats quite good. So ride the trade programs for a few points a few times a day and make alot of $$$$$$$

Am I missing somthing here? It sounds like if the info they have is correct (It better be at $3000 a quarter) then who cant make money doing that?

I also assume that if a buy program hits and moves, that a trader could hold on and ride it for a bit after even making more money..

Very interesting idea here. I would like to hear from someone who is a member and what they think of the info received..

Is there anywhere on the site to see past or present data and evaluate the percentage of success and the dollar value of the success?

They also said they have stock data as well..

Anyway this is a long post and I would like to discuss it with anyone who wants to or has info about it that could help..



To: ViperChick Secret Agent 006.9 who wrote (37650)3/28/1998 8:15:00 AM
From: Patrick Slevin  Respond to of 58727
 
There are several who publish points on the PREM where programs should come in. If you have a BMI feed, Gary Rhea estimates points each morning before the open. His points and Camps are always very close.

Certainly trading houses have their own points as well.

These points are where programs should come in. They do not always hit, or sometimes they are smaller than others. The points are usually reliable.

In my own case, I place alerts on the PREM. In this fashion, even if I am not paying attention to it, I get an audible signal which immediately draws my attention to the screen.

Once a program starts rolling, however, it's usually too late to catch a ride. (In my experience). However, watching the PREM on a chart helps me because I can "see" the trend of the PREM. So usually, usually, I am not surprised when programs "kick in".

Occasionally I am confused but usually not surprised.