Re: cash ,,,,

["MICHAEL STEWART" <MPST@xxxxxxxxxxxxx>]

Neal,

Personally I havent found watching the variation in the premium all that
helpful - there are fake spikes and blind alleys -   What would be helpful
is to have access to impending cash market activity, if only 30 seconds in
advance - you know the sort of information which Morgan and Sachs get the
night before -

>Not true.  I watch both the cash (SPX) and the futures every minute
>of every day,
>and they are usually within seconds of each other.
>There are days when the cash actually leads the futures.
>You need to look at the variations in the premium to understand this
>fully.
>Perhaps your data feed is not reporting the spx every few seconds?
>Neal
>
>----------
>> From: Gary Fritz <fritz@xxxxxxxx>
>> I don't understand how you can use the cash index (SPX for S&P) to
>> help you learn the opponent's moves ahead of time.  Moves in the SP
>
>> futures consistently LEAD the SPX by a minute or two.  The pit
>knows
>> what's going on before it works its way into the SPX.
>