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Re: delta rotation



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In a message dated 98-04-26 15:03:25 EDT, joachim@xxxxxxxxxxx writes:

<< My post is somewhat longer than it should be......Would any one be
 interested in seeing an ela indicator on Delta? It plots the colour lines
 for inter day trading. I will give you a number count (for the 20 min inter
 day cotton,lumber,pork bellies,live cattle,sugar,coffee....we will only pick
 one.. .. you need to have some volitility to see it work) >>
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John:
I would be interested in the ela indicator for intraday particularly on the
S&P.  I have a short term delta for daily charts but not something that works
during the day.  Obviously the S&P has the necessary volatility to see if it
works or not.  I never developed the number count for intraday delta from the
book so this would be interesting to see.  Good subject and good comments.
Congratulations.
Lynn