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An even better idea, unfortunately I do not have
the software or data to test it. I was hoping someone with the time would
explore it's value. Any takers?
Good luck and good trading,
Ray Raffurty
P.S. I need a life. It's a beautiful
Sunday morning, temperature in the high 60 and I'm sitting her thinking about
the VIX. {;-(
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Clyde
Lee(SBCY)
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Sunday, March 16, 2003 10:37
AM
Subject: Re: [RT] VIX
Ray,
Doing that kind of an application is a "piece of
cake" in Tradestation
(any of them that is).
However, I do not think that using fixed values
will work worth a damn.
It is more likely that if you do something like
Larry William's %R (or
whoever really invented it) to the VIX then you
might have something
that would work for both entrance and
exit.
Clyde
- - - - - - - - - - - - - - - - - - - - - - - - - - - -Clyde
Lee
Chairman/CEO (Home of
SwingMachine)SYTECH
Corporation email: <A
href="">clydelee@xxxxxxxxxxxx 7910
Westglen, Suite 105
Office: (713) 783-9540Houston, TX
77063
Fax: (713) 783-1092Details
at:
www.theswingmachine.com- - -
- - - - - - - - - - - - - - - - - - - - - - - - -
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Ray
Raffurty
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Saturday, March 15, 2003 8:51
PM
Subject: Re: [RT] VIX
Hi Clyde,
I'm not sure that this idea is ready for
that. I was thinking more along the lines of something simpler to
begin with and explore the VIX's value as an indicator for the QQQ's.
For example buying the QQQ's when VIX > 40 and shorting the
QQQ's when VIX < 28 (or what ever values back testing may show
to have value).
Since I don't have Trade Station, I don't know
how easy or difficult it is to create a buy/sell signal in one index
(QQQ's) based on the value of another index (VIX). If that
is possible the next step would be to explore exit strategies. Since
the VIX can be neutral for long periods, a stop and reverse strategy
would not (consistently) work. Also, since the VIX can stay above or
below a given level for days (or weeks), trailing stops might take out a
position just before it moves in the
anticipated direction.
Any thoughts or comments are
welcome.
Good luck and good trading,
Ray Raffurty
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Clyde
Lee(SBCY)
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Saturday, March 15, 2003 11:34
PM
Subject: Re: [RT] VIX
Here are some pictures going back to
9/2000.
Without doing some linear trend adjusting it
is tough to get these
things so they will scale to a point for
comparison.
I believe that if anything the QQQ is leading
or concurrent with
the VIX which is EXACTLY what I would
expect.
Clyde
- - - - - - - - - - - - - - - - - - - - - - - - - - -
-Clyde Lee
Chairman/CEO (Home
of SwingMachine)SYTECH
Corporation email:
clydelee@xxxxxxxxxxxx
7910 Westglen, Suite 105
Office: (713) 783-9540Houston, TX
77063
Fax: (713) 783-1092Details
at:
www.theswingmachine.com-
- - - - - - - - - - - - - - - - - - - - - - - - - - -
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Ray
Raffurty
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Saturday, March 15, 2003
12:05 PM
Subject: Re: [RT] VIX
Hi All RT's,
I was struck by the high correlation
between the VIX and the QQQ's. I wasn't looking for it and only
posted the QQQ's as an after thought. During the last 6 months
(shown) the VIX has been a LEADING indicator of the QQQ's.. This
may be because of the popularity of the QQQ's with "amateur" traders who
may be subject to greater pressures from fear and greed.
Unfortunately I do not have software or
enough data to back test his hypothesis and was hoping someone with the
time and wherewithal would do it, to confirm or refute.
Thanks in advance,
Ray Raffurty
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Ray
Raffurty
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Tuesday, March 11, 2003
1:46 AM
Subject: Re: [RT] VIX
You can get charts of VIX in various time
frames for free at <A
href="">http://bigcharts.marketwatch.com
The first chart is the VIX alone to
create is go to the web site above, enter the symbol VIX and click
"Interactive Charts". You man need to turn off some default
settings to get a clean chart.
The second chart is SPX compared to
VIX. Go to the web site above, enter the symbol SPX and
click "Interactive Charts". Turn off any defaults and enter
"Compare To" "Symbol" VIX .
The third chart is NDX compared to
VIX. Go to the web site above, enter the symbol NDX and
click "Interactive Charts". Turn off any defaults and enter
"Compare To" "Symbol" VIX.
The last, and perhaps most
interesting, chart is QQQ compared to VIX. Go to the
web site above, enter the symbol QQQ and click "Interactive
Charts". Turn off any defaults and enter "Compare To" "Symbol"
VIX .
As you may know VIX is a contraireian indicator and is mostly
neutral right now.
Hope this helps.
Good luck and good trading,
Ray Raffurty
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
<A title=groups@xxxxxxxxxxxxxxxxxx
href="">MOJO
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Friday, March 14, 2003
3:01 PM
Subject: [RT] VIX
Hi,
Anyone what the VIX is saying right now
on S&P, Nasdaq ?
Are we at a top or bottom
?
Also while we on the subject what data
and software can you use to work it out ?
Are there any sites that regularly show
updates and charts on the VIX index ?
ThanksTo
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