|
PureBytes Links
Trading Reference Links
|
Mark:
Building this index on a daily basis, when the index was published weekly in the
mid-1970's, was how I got dragged into commodity trading. We would definately be
better off building from a component list. I'll try to find a list of all the
commodity indexes I know of...there are several new ones in the past few months.
Best,
Tim Morge
Mark Brown wrote:
>
> >Stewart and Mark:
> >
> >First, the leader is the Merc. They lead the Simex by a factor of almost 10
> to 1 on many days.
>
> thanks
>
> >I also would not underestimate the effect of certain flows like
> oil...Again, these flows are more readable when they are re-calculated on a
> currency basis. For example, oil rates are not particularly cheap to those
> countries that have seen their currencies plummet on the Asian crisis. Maybe
> commodities should be
> >calculated in a basket of currencies and the commodity group split to
> reflect industrial commodities[oil, metals, building materials] and
> foodstuffs[grains
> >and others]?
>
> >Tim Morge
>
> Well then we are getting somewhere, we could maybe get some of this data at
> least in the US as part of a sector index. And forget the individual
> markets. I will see what I can find in the way of similar foreign indexes,
> this may be the way to go. This would allow many more items to be thrown
> into a basket. I'm not sure the more the merrier though.
>
> MB
|