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Strategies & Market Trends : TA-Quotes Plus -- Ignore unavailable to you. Want to Upgrade?


To: Spots who wrote (4023)4/23/1998 8:11:00 PM
From: gonzongo  Read Replies (1) | Respond to of 11149
 
to repeat myself- the only value I see in options from a data provider rather than CBOE web site- which is what I use is to chart the activity vs- the underlying.

As far as prospecting the beta of QP2 is the best I have seen when you take all factors into consideration- FA and TA. The scans Brooke & company are coming up with are just shall we say:
WAY COOL.

But I am a firm believer in if it ain't broke....... I know some TC2k guys who can spin that sucker like a yoyo for example.
So trying to convince them to do a QP 2 step is not worthwhile- boy you should see Cooney do an "around - the - world"

So if Primate works then Excellent!!

g



To: Spots who wrote (4023)4/23/1998 8:52:00 PM
From: Ken Adams  Read Replies (1) | Respond to of 11149
 
Spots...

I enjoyed your thoughtful note! "Full of it"...well I doubt that. I just thought after seeing your original note to me, it wouldn't be right for me NOT to respond.

I only guess I'm right on this. I have no way to know with certainty. The folks at QP would have to do the research on all of it. They certainly can't take my word for it.

Primate puts up the option data that it has available. I just took a look at a couple that I've been watching or trading. I have what looks like daily data on GM and WMT right now dating back to 3/23 and that's it. This is for the May expires. I traded the GM a couple weeks ago and no longer even look at it. On my Saturday "do" list is always "clean up option file". I go in and dump those I no longer have interest in and add the new ones.

If you find a way to *really* use a chart of the option data, I sure would like to hear about it. Some years ago I had a good over the phone relationship with a Dr. Howard Young. He's the president of a company called Wall Street Online. He was doing quite a bit of work in the way of charting actual option prices. But, as far as I know, he gave it up as not being productive. I haven't spoken to him in years, so he may have finally come up with something I don't know about.

Ken