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Re: delta rotation



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Well have I got a surprise for you. Look at what I posted to the RT list. Inter
day colours.  Why? If you've heard about it, why not try it. If it works
OK....doesn't move on. Sometimes issues get that simple. I'm not an inter day
trader. I do trade stocks and my trades last 3-10 days, that puts me into the
swing trader camp. I experiment with whatever I come across.  Now this is where
it gets good.
I've shared with you the inter day colours. We know you have the colour indictor
for daily or intermediate Delta colours. I, for one would consider it a nice
jester of free and open participation if you would give us a look at it.
And....yes others will see it....the result????  others will use it....develope
counts that work....discover counts that work. Oh ...forgot.. their names
probably will not start with 'Wi'....but they will have interesting stories to
share...and we can all follow along.  Oh, Lynn, Yes... you've got to develop
you're own number count....it'll be similar to Wells' but it'll be yours....and
you don't have to write or phone his kids for advice. I can respect a man who
develops something but 'dynasties or bloodline inheritance' Hmmmm I don't think
so...no.. I don't think so

John


> 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