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>
>Listmembers,
>In the latest Omega zine in the "ask the experts" department a
>questioner was asking how he considered intra-day volume a strong
>indicator of buy/sell opportunities and why weren't they available for
>futures.The answer contained the following quote." Actual volume is not
>transmitted because the exchanges want their floor members to keep their
>advantage over upstairs traders".
>I was wondering if anyone thinks this might change someday and is this
>the normal operating procedure for other exchanges globally? Rgds,Harry
I once had this fabulous system worked out for SP using contract volume. We
were using historical files where the volume had been filled in after the
fact. Too bad nobody realized this! Fortunately it turned out that the
Stock Market volume works almost as well. Especially the Nasdaq volume. And
it's there when you need it.
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