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Steve
QC:PUTCALL.OEX us the PutCall ratio for the OEX and QC:PUTCALL is for all
equities. However I don't seem to find much correlation to what the CBOE
publishes. Look under help -> ticker symbols -> index symbols in the Qcharts
help file.
John
----- Original Message -----
From: Steve Walker <Steve@xxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, May 17, 2000 7:27 AM
Subject: [RT] Re: sp500/nd
> I want to work a sentiment indicator into my trading. I have decided to
use the CBOE put/call ratio. It is available EOD at the CBOE website. I
am looking to find an intraday source, as well. I have QCharts but can't
find it there. I found a website titled Astrikos Intraday Put/Call Ratio
but it does not agree at the end of day with the CBOE site ratio. Anyone
know a QChart symobol or a good intraday website?? Thanks.
>
>
> >>> "Gitanshu Buch" <OnWingsOfEagles@xxxxxxxxxxxxx> 05/15/00 05:29PM >>>
> >it shows that our upside potential us limited to 25-30 SP points
>
> Here is something else that adds the above expectation to tomorrow's OEX
> action:
>
> Connors Vix reversals signals are well publicized, both at his website and
> in his books.
>
> Every once in a while, 2 or more of these signals line up simultaneously.
>
> This is one of those times.
>
> CVR2 is the 5 day RSI of VIX. Market is a sell on RSI(5) close below 30
and
> an uptick thereafter.
> CVR3 is the close 10% above or below the trailing 10 day simple ma of VIX.
> Market is a sell on close below the -10% band and a reversal back inside.
>
> Per his book, these signals have a better than 60% accuracy rate.
>
> In my experience,
> a/ they are usually wrong at the major inflection points, when a new
> intermediate bull trend is about to start.
> b/ the combination signals are usually irrelevant at such inflection
points
> except for the very agile or the very patient.
> c/ combination signals are better than single signals.
>
> The trading horizon for these signals is 2 to 6 days (ie one takes the
> signals per the triggers and then exits positions 2-6 days later).
>
> Interested traders may check out price/vix action around Feb 1997 for
> reference to failures.
>
> Historical data for VIX is also available going back to 1986 at CBOE's
> website - for the really curious.
>
> Representative chart for VIX attached.
>
> Finally -
> 1. VIX calculation starts using next month options 8 days before front
month
> expiration. Hence today's vix uses Jun00 options.
> 2. The good OEX Doctor will probably write this off as, quote, "one of the
> cottage industry" indicators.
>
> FWIW. Always amazes me how the market sets up long volatility trades going
> into Fed meetings.
>
> Gitanshu
>
!
>
!
>
>
>
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