To: Amelia Carhartt who wrote (1404 ) 12/26/1998 11:23:00 AM From: James F. Hopkins Read Replies (1) | Respond to of 4916
MSB; I use a lot of what Battaglia uses, but I find the VIX is sort of an after the fact indicator. I watch the tick real close , but only to compare it in a relative sense with the rate the indexes are moving, this has no hard fast rule, after time you developed a feel for the "rate" movement of both, and notice any anomalies, we only get specialist and MM short interest report once a week, and so that's useless, as it can swing a lot in just one day. Like it did JULY 17th, that was the tip off but I didn't get it from any data on their shorting, I could just see them doing it. Not directly mind you, but more like passing a Van that has two lovers in it, and is shaking back and forth. <G> -------------- Any sort of large fast divergence or anomalies in the markets signals some more change coming, right now interest rates have reversed and the move is opposed to the normal, as stocks are still climbing, it's something that has my attention, and I'm going to be looking for any other anomalies a little harder if that don't soon adjust. ------------------- I look at so many things it would be an ordeal to post them, but I have in the past posted them all a piece at a time. Right now I'm into looking at the new SPDRs , inside out. They are one of the few we can get "ALL" of the most pertinent info on, make up and weightings. So instead of just tracking their index or bench mark, I can peek inside at what's making it move, and ask why easier than I can the S&P. This requires a spread sheet you can import to, that re-weights dynamically, hence I will also know if the trust or specialist handling it start cheating. To do all of that I may have to give up a lot of other things I've been tracking. I'm running over 60 portfolios on paper and just eliminated 4 of them, while bringing in nine more, I'm really getting data over load..<G> BTW picking out some no load funds to compare , (don't compare loads with no loads for market signals ) this can often tell you more than the indexes, and now Yahoo can make it easy, as at the bottom you get to down load the daily data in work sheet format.chart.yahoo.com ----------- Put them against and type of bench mark you think fits, and look for divergence convergence. That historic data window in yahoo is neat, AND it's free, and I can pop the download button, to grab what I want, and slip it in a spread sheet almost on the fly. Jim