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RE: [RT] Put Call Ratio (with corrected SP cash)



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The problem is having a regulator give investment advice.  We'll keep
working on it.

-----Original Message-----
From: profitok [mailto:profitok@xxxxxxxxxxxxx]
Sent: Friday, January 10, 2003 9:36 PM
To: realtraders@xxxxxxxxxxxxxxx
Subject: Re: [RT] Put Call Ratio (with corrected SP cash)


Alex
The sec was pushing for years  for the small investor,,   this will be the
first time that the little guy can have the SAME  info at the same time,,
TAKE that to your legal staff and have them use this to push for ALL OF US
have a great week end
Ben
----- Original Message -----
From: "Jacobson, Alex" <AJacobson@xxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, January 10, 2003 8:44 PM
Subject: RE: [RT] Put Call Ratio (with corrected SP cash)


> Should have been out by now, but we've hit regulatory problems.  Next
target
> date is 2/01 ..we get a regulatory ruling on 01/17(scheduled).  I'll do a
> posting as soon as it's ready .. but the SEC could kill it.
>
> -----Original Message-----
> From: profitok [mailto:profitok@xxxxxxxxxxxxx]
> Sent: Wednesday, January 08, 2003 8:07 PM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: Re: [RT] Put Call Ratio (with corrected SP cash)
>
>
> Hello Alex
> How soon can we see the real time p/c
> Ben
> ----- Original Message -----
> From: "Jacobson, Alex" <AJacobson@xxxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Wednesday, January 08, 2003 9:41 AM
> Subject: RE: [RT] Put Call Ratio (with corrected SP cash)
>
>
> > ISE is actually the primary market for the 500+ names we trade.  We also
> > trade more then half the volume in 15 of the DJ 30 options.  If you look
> at
> > Equity option trading only  (excluding index options).  The CBOE, AMEX
and
> > ISE trade, on a daily basis, about the same overall volume.  We just do
it
> > on less names.
> >
> > Alex Jacobson
> > Vice President
> > Education
> > I S E
> > 212 897 8125
> > 847 607 0559 (Chicago Office)
> > 212 425 4926 (FAX)
> > 877 7209918  (SKYPAGE)
> > ajacobson@xxxxxxxxxxxxxx
> >
> >
> > -----Original Message-----
> > From: EarlA [mailto:earl.a@xxxxxxxxxx]
> > Sent: Wednesday, January 08, 2003 9:33 AM
> > To: realtraders@xxxxxxxxxxxxxxx
> > Subject: Re: [RT] Put Call Ratio (with corrected SP cash)
> >
> >
> > Bob, I have posted a question to the QC list, we will see if we get an
> > answer.
> >
> > Earl
> >
> > ----- Original Message -----
> > From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Wednesday, January 08, 2003 3:24 AM
> > Subject: Re: [RT] Put Call Ratio (with corrected SP cash)
> >
> >
> > This is why it would be important to have the ISE data in the P/C
ratios,
> > etc..
> >
> > ISE vs other exchanges, from Active Trader Digest Feb 2003 page 63:
> >
> > "Individually, the International Securities Exchange (ISE) continued to
> > increase its market share, as its October volume in the 518 issues it
> trades
> > was the most of any U.S. exchange.  The ISE was the No. 1 exchange in
260
> of
> > the contracts.  Overall October volume was up 27 percent from September
> and
> > 87 percent from October 2001.
> >    The ISE also traded its 200 millionth contract on October 29.  The
> > milestone came less than eight months after the ISE's 100 millionth
> contract
> > was traded.  It took the ISE almost two years to trade its first 100
> million
> > contracts."
> >   ----- Original Message -----
> >   From: BobR
> >   To: realtraders@xxxxxxxxxxxxxxx
> >   Sent: Wednesday, January 08, 2003 1:25 AM
> >   Subject: Re: [RT] Put Call Ratio (with corrected SP cash)
> >
> >
> >   Earl, do you know if your call and put data includes the ISE?  My dtn
> data
> > only includes the amex, cboe, phlx, and pse.  Recall that Alex Jacobson
> said
> > the ISE has become a major player.
> >
> >   bobr
> >     ----- Original Message -----
> >     From: EarlA
> >     To: realtraders@xxxxxxxxxxxxxxx
> >     Sent: Tuesday, January 07, 2003 4:10 PM
> >     Subject: Re: [RT] Put Call Ratio (with corrected SP cash)
> >
> >
> >     Sorry, the first charts contained incorrect plot for the SP.
> >
> >     Earl
> >
> >     ----- Original Message -----
> >     From: "EarlA" <earl.a@xxxxxxxxxx>
> >     To: <realtraders@xxxxxxxxxxxxxxx>
> >     Sent: Tuesday, January 07, 2003 5:05 PM
> >     Subject: [RT] Put Call Ratio
> >
> >
> >     > Bob, I've never been able to get much from using P/C as a timing
> > indicator
> >     > but I keep looking. I gave your formula a spin. Attached Daily and
> 60
> >     minute
> >     > charts are from QCharts:
> >     >
> >     > Black: QC:CallVal /(QC:CallVal +QC:PutVal)
> >     > Blue: S&P Close price
> >     >
> >     > I don't see a strong correlation between tops and bottoms in the
P/C
> > and
> >     > S&P. Am I missing something here? Is there more to using this than
> > simple
> >     > matching extremes?
> >     >
> >     > Earl
> >     >
> >     > ----- Original Message -----
> >     > From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
> >     > To: <realtraders@xxxxxxxxxxxxxxx>
> >     > Sent: Tuesday, January 07, 2003 3:50 PM
> >     > Subject: Re: [RT] setups
> >     >
> >     >
> >     > Good observation and good question.  Sentiment has been something
> I've
> >     > worked on to better pick the trades than time and
support/resistance
> > and
> >     to
> >     > add positon trading to the daytrading activity.  Here is one chart
> > that
> >     > might answer your question about sentiment from a contrary point
of
> > view.
> >     >
> >     > Another short setup occurs when the dollar weighted $C/($C+$P)
> >     composite(red
> >     > line) reaches the 0.7 to 0.75 level as it did late on Tuesday.
Such
> a
> >     level
> >     > can represent too much bullishness, or the end of bullishness if
it
> > occurs
> >     > at the end of an uptrend.  In either case it increases the odds of
> >     > consolidation and or price erosion in the near future.  This level
> > comes
> >     > after a less than 0.25 ratio low on 12/27.  This also completes a
6
> > day
> >     > runup in call premium and rundown in put premium.  Such high
levels
> > are
> >     seen
> >     > at index high pivot points.  Its just kinda comforting to know
what
> > the
> >     > environment is.
> >     >
> >     >
> >     > bobr
> >     >   ----- Original Message -----
> >     >   From: Kent Rollins
> >     >   To: realtraders@xxxxxxxxxxxxxxx
> >     >   Sent: Tuesday, January 07, 2003 2:22 PM
> >     >   Subject: Re: [RT] setups
> >     >
> >     >
> >     >   I've seen many, many people drawing head-and-shoulders
formations
> >     >   (non-inverted) on daily charts of the last month or so.  Not
just
> in
> >     this
> >     >   forum but also on free and pay sites.  Aren't H&S formations
> > supposed to
> >     > be
> >     >   topping formations, not intermediate bear market formations?
And
> if
> >     those
> >     >   same people tried, could they find and inverted H&S formation on
> the
> >     > current
> >     >   daily/weekly charts?  What does this say about market sentiment?
> >     >
> >     >   Kent
> >     >
> >     >
> >     >   ----- Original Message -----
> >     >   From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
> >     >   To: <MedianLine@xxxxxxxxxxxxxxx>; <realtraders@xxxxxxxxxxxxxxx>
> >     >   Sent: Tuesday, January 07, 2003 2:19 PM
> >     >   Subject: [RT] setups
> >     >
> >     >
> >     >   OK, this is the setup I am looking at for a long exit/short
entry.
> >     Today
> >     >   marks the 4th day of a positive NDX net percent up down volume
> (up -
> >     >   down)/total.  A lower high on the 4th bar of a 4 bar set with a
> > higher
> >     > high
> >     >   on the NDX may be a prelude to a down day the next day...at
least
> > that
> >     is
> >     >   the thesis being examined.  Perhaps it is reinventing the wheel,
> but
> >     >   discovery sure is fun as is the journey.  I had an options
system
> > that
> >     > could
> >     >   quintuple the account in 5 weeks of OEX trading.  It was so
boring
> I
> >     quite
> >     >   trading it, |;-) .
> >     >
> >     >   bobr
> >     >
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> >     >
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