Re: cash ,,,,

["Gerrit Jacobsen" <jrt@xxxxxxxxxx>]

Neil,

>> Perhaps your data feed is not reporting the spx every few seconds?

Which one does it ?

Is there one supplier for the cash index ? I somehow recall that 
there were wildly different DJ indices because every datafeed had its 
own method. I think DJ clamped down on this. How is the situation for 
the SP ? 

Gerrit Jacobsen

> Date:          Fri, 29 Jan 1999 12:54:58 -0600
> From:          Clint Chastain <flag@xxxxxxxxxxxx>
> Subject:       Re: cash ,,,,
> To:            Allan Havemose <havemose@xxxxxxxxxxxxx>,
>                Omega-List <omega-list@xxxxxxxxxx>

> So, is there a building consensus then that the SP futures do in fact lead
> the cash SPX?
> 
> Clint
> 
> -----Original Message-----
> From: Allan Havemose <havemose@xxxxxxxxxxxxx>
> To: Omega-List <omega-list@xxxxxxxxxx>
> Date: Friday, January 29, 1999 9:24 AM
> Subject: Re: cash ,,,,
> 
> 
> >In my experience, the most significant "feature" of SPX is that it is not
> >manipulated by the locals at the CME. I have found it worth the minute of
> >two it takes to confirm an SP move with an SPX move.
> >
> >Allan
> >
> >Neal Chabot wrote:
> >
> >> 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.
> >
> >--
> >Allan Havemose, Ph.D.
> >email:havemose@xxxxxxxxxxxxx
> >email:havemose@xxxxxxxxx
> >web : http://www.netcom.com/~havemose/allan.html
> >
> >
> 
>