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That's not too surprising after wiping out the entire October market
capitalization of call open interest from strikes 660 to 800 and above. Are
there any encouraging signs in Friday's numbers? Perhaps in two to four
days the temporary low may be in if the Bollenger Put volume indicator works
this time. With Friday's numbers the BPVI for Total put volume and Equity
put volume crossed the threshold that signals a trend change in 2 to 4 days.
{When put volume is greater than threshold you have a buy signal. The
signal is usually two to four days early. The threshold is ten day
summation of put volume divided by 5 or multiplied by 0.2. N2 is data
volume of data3}
Inputs: L1(10), K1(2),K2(1.5),N2(3);
Vars: BPVI(0),PV(0),BPVIW(0);
PV = V OF DATA(N2); {raw volume}
BPVI=.2*SUMMATION(V OF DATA(N2),L1);
Plot1(BPVI,"BPVI");
Plot2(PV,"PV");
Bob Roeske
----- Original Message -----
From: THE DOCTOR <droex@xxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxx>
Sent: Friday, October 15, 1999 7:29 PM
Subject: Re; OPTN
> Today's Option Volume at all 4 exchanges, when finalized, should be the
> biggest day in history.
>
>
Attachment Converted: "c:\eudora\attach\Putvol.gif"
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