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Chuck
My understanding of continuous contracts is that they take the most current,
active month and place that day's activity into the continuous contract.
You don't switch months and move over to the next month until that current
month's contract goes off the board.
We, OTOH, develop our own continuous contracts by switching months when the
next month's open interest exceeds the current month's open interest.
When the June OI (currently around 8,000) exceeds the March S&P OI
(currently around 369,000) is when we would change months to June. Our
thought is we want to always base our calculations and trade the most active
month. Just what we do.
Regards
Guy
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Chuck Wemlinger
> Sent: Wednesday, December 30, 1998 11:35 AM
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: Data Sevice
>
>
> Guy,
>
> I am such a greenhorn about commodities that now since I opened
> my mouth Ill
> try not to stick my feet in, but here is what I understand from talking to
> Primate. Example: SP500. The months used to create the
> continuous contract
> are Mar, Jun, Sep, Dec. The rollover day is the 9th over the delivery
> month. They do not shift prices on the rolloverday. That's left
> up to the
> user. Probably a good thing. But you make your own continuous
> dataset from
> the lead month anyway don't you?
>
> I would like to understand more about continuous contracts. How they're
> used, adjusted, why, how traded etc.?
> Can you give me some suggestions as I have not seen this topic covered in
> any of the books I've read so far.
>
> Regards,
>
> Chuck
> -----Original Message-----
> From: Guy Tann <grtann@xxxxxxxxxxx>
> To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
> Date: Wednesday, December 30, 1998 12:42 AM
> Subject: RE: Data Sevice
>
>
> >Chuck
> >
> >By unadjusted continuous contracts, what do you mean. I make my own
> >'modified' continuous contracts by choosing the day to switch months
> myself.
> >I also use the regular S&P continuous contract, where each active month
> runs
> >to the last trading day and then switches months.
> >
> >Regards
> >
> >Guy
> >
> >
> >> -----Original Message-----
> >> From: owner-metastock@xxxxxxxxxxxxx
> >> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Chuck Wemlinger
> >> Sent: Tuesday, December 29, 1998 6:13 PM
> >> To: metastock@xxxxxxxxxxxxx
> >> Subject: Re: Data Sevice
> >>
> >>
> >> Another plus for PRIMATE is that the data is not pre-packaged
> into Stocks
> >> only or Commodities only Plans.
> >> I get an assortment Stocks, Commodities, and Options quotes for one low
> >> price.
> >> Note: Commodities continuous contract data is unadjusted.
> >>
> >> -----Original Message-----
> >> From: Al Taglavore <altag@xxxxxxxxxx>
> >> To: MetaStock List Group <metastock@xxxxxxxxxxxxx>
> >> Date: Tuesday, December 29, 1998 4:24 PM
> >> Subject: Data Sevice
> >>
> >>
> >> >I have run into a stone wall as relates to changing data providers and
> >> >using the Equis downloader. I want futures and stock quotes, I need
> them
> >> >to be clean, and I want to access these quotes thru a dial up
> >> number, just
> >> >as I have for my Dow Jones Service. I have contacted Theresa at QP2,
> and
> >> >really don't understand what she has to tell me. From past posts on
> this
> >> >lists, Rueters and Telescan and Dial Data have drawn much criticism as
> to
> >> >their reliability and accuracy. Does anyone have a suggestion? I do
> not
> >> >want to leave the MS program, but it seems as though I must
> now consider
> >> >that as one of my options.
> >> >
> >> >Al Taglavore
> >> >
> >>
> >>
> >
> >
>
>
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