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Re: [RT] Band Study (better explained)



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Mark,
There was no study attachment or description  in  the original message.
Jim
----- Original Message -----
From: "Research Dept." <research@xxxxxxxxxxxxx>
To: "Research Dept." <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, May 18, 2001 5:59 AM
Subject: [RT] Band Study (better explained)


> Hello Research,
>
> talking to myself i guess, anyway don't be fooled by the simplicity of
> this  study.   yes  it  uses  a  simple moving average, the key is the
> percentages  of  the  bands  above  and  below  and  the length of the
> lookback  period.   if there is some hidden mystical cyclical movement
> in  the  sp  market  it  is  most  likely  cause  by  option to option
> expiration.
>
> there  is  a  train theory here - once an object is in motion you know
> the  rest  and  if  you don't you have no business trading.  also note
> that   the  closer to option expiration the more volatile the the sp's
> become.  note that because if you have any basis of trading that price
> direction driven, it will be more sensitive towards the expirey.
>
> another point i wanted to make is that by following this study you can
> gain  a  statical confidence in how long to expect the market to go up
> and what to expect the point  move to be.  i do not claim to be a guru
> predictor, yet i have never seen ANYTHING that can give you a feel for
> where  the  market is going and how far it will go as well as how long
> it  will last as this study.  at least i have never seen anything like
> this or better that was disclosed to the public for free.
>
> this practice/theory was discovered by doing massive amounts of number
> crunching,  the  original  length  and  percentages were rounded up to
> where  they  are  now.   21 days and 2.5%  - i have run this study for
> many  years and has always given me a fell for what is possible.  once
> strength  has  raised  it's  head  as we just experienced.  it doesn't
> usually  go  away  just that fast,  and  if it does it's certainly the
> minority  as no study that is dynamic in application is 100%.  however
> no  one  needs 100% in this business.  i just wanted to express that i
> did  not decide upon what these parameters were to be.
>
>
>
> --
> Best regards,
>  Research                            mailto:research@xxxxxxxxxxxxx
>
>
>
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>
>
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>


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