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Frank:
While I appreciate the sentiment, I find it questionable that any market
reacts to unrelated events. Sure its interesting, and can be the subject of
casual conversation over beers.
But perhaps those that trust is such superstition should rethink and find
value in that 2+2 has always equaled 4 since Cain slew Able.
If the numbers aren't there - for whatever reason - there is no profit.
Just a thought.......
----- Original Message -----
From: "Frank Munouz" <fmunouz@xxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Tuesday, May 30, 2000 1:46 PM
Subject: You got game? (Obviously most of you don't!)
> LET ME TELL YOU THIS. CORRELATION DOES NOT IMPLY CAUSATION BUT WHO THE
HELL
> CARES! IF THERE'S A STATISTICALLY SIGNIFICANT CORRELATION BETWEEN TWO
> MARKETS THEN IT'S VALID TO TRADE IT, REGARDLESS OF WEATHER OR NOT THE
REASON
> FOR THE TREND IS UNDERSTOOD.
>
> THE WINNING PERCENTAGE OF LAKERS WINS VS PORTLAND INCREASED SIGNIFICANTLY
> OVER THE WEEKEND.
>
> AND THE NASDAQ IS UP A NEAR RECORD 203 PTS AS OF 1:33 CST.
>
> !!!!GO LAKERS!!!!
>
> ------Original Message------
> From: Scaletrade@xxxxxxx
> To: omega-list@xxxxxxxxxx
> Sent: May 30, 2000 5:39:57 AM GMT
> Subject: Re: You got game?
>
>
> In a message dated 05/27/2000 9:16:03 AM Pacific Daylight Time,
> omega-digest-request@xxxxxxxxxx writes:
>
> > Too bad though, if one market would lead another by about 5 ,10 or 30
> > minutes consistently we could all be rich.
>
> A funny thing happened to me a year ago when I had just signed up for my
> realtime futures quotes...
>
> I had the S & P quotes going in one window, and right below it the Dow
Jones
> Futures. I noticed over a period of a few days that the Dow contract
> consistently made similiar large moves to the S & P, only approximately 10
> minutes later. I watched this for awhile, and finally got up my courage
to
> place the trade...
>
> Well, I was filled quite a bit worse than I expected, and as I watched the
> chart, I found that the dow never traded up to my fill until, guess what,
> about 10 minutes had elapsed...
>
> And maybe you've guessed it...my new miracle system happened because my
data
> provider was erroneously giving me 10 minute delayed data on the CBOT, and
> real time quotes on the CME. Alas.
>
> Of course I got out of the trade as soon as I realized, with a loss equal
to
> about one month of realtime data, and my vendor gave me a free month worth
> of
> service to compensate. All in all what I lost (besides my pride!) was
only
> the best system I've ever stumbled upon. Easy come, easy go...
>
> Larry
>
>
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