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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: TradeOfTheDay who wrote (4349)	9/18/1998 10:48:00 PM
From: coug	Read Replies (2) \| Respond to of 44573

Bev, I have used the beta index a long time.. I'm not sure how it is calculated on the NYSE, because by defination, the beta of an individual stock is it's relative movement versus all the stocks over a certain time frame.. So I assume, the beta of the NYSE is the RELATIVE movement of all the stocks versus it's past movement over some recent time period, A type of VIX, if you will.. It is my primary indicator as the first look. BTW, after the close today, I looked at my charts, the 3' beta, being the first.. and seen I am still looking short.. All the bantering on SI sometimes causes me to lose my focus.. I am manic-depressive when it comes to posting.. Some how I can not post continously.. Good luck...... the Coug,.. still runnin and funnin in the low Sierras..