Posted by powerchord on 14th of Oct 2008 at 04:05 pm
Thanks Ravun --
you have it set for 24hrs. The 0:00-0:00 next to the word
dynamic identifies a midnight to midnight time period. thus
includes all the pre & post mkt movement into your moving
averages
Based on Matt's crosses i think he is using a 9:30-16:00 time
frame and not including any pre or post mkt data into his moving
averages
Posted by powerchord on 14th of Oct 2008 at 03:16 pm
I just noticed something -- my time table on esignal was set for
24hrs. -- This crossed me down at 1:15. . . I just set it
(time table) to mkt hours only -- I see there is no cross --
Thanks
Posted by powerchord on 14th of Oct 2008 at 02:36 pm
Matt:
Are you taking a MKT on CLOSE or the 4pm price (the spy
closes at 4:20 so the 4pm price is different than the mkt on close
price -- i assume it's the same for SSO). During earnings season
there could be some big moves in those 20 minutes.
I see your net #'s are based on $100,000 per trade (not share
size) -- therefore, your share size has been going up month after
month.
Are you executing it by dollar amount or share size? Just
curious.
Posted by powerchord on 22nd of Aug 2008 at 11:23 am
Matt --
Based on those stats you can take a profit 93% of the time --
with a good portion of those profits at least 15% -- I didn't think
H&S tops were that reliable (93%) -- what do you think?
The Federal Open Market Committee meeting will be held today
with a decision due out at about 14:15ET. The surprise factor ahead
of the meeting is high. As of this posting, the fed funds futures
market shows an implied probability of 93% that the FOMC will hold
the fed funds rate steady at 2.00%. Accordingly, a decision to move
the fed funds rate up, or down, would be a huge surprise that would
prompt an outsized response. The market's handicapping of this FOMC
meeting, however, is correct in our estimation. With inflation
pressures evident but the economy and financial markets still
unsettled, the FOMC isn't going to make a move at this juncture.
The expected inaction doesn't mean the market won't be interested
in the meeting's outcome. On the contrary, interest will be as high
as ever because of the uncertainty surrounding the wording of the
policy directive... You can check out the rest of our preview
The Federal Open Market Committee meeting will be held Tuesday,
August 5. The surprise factor ahead of the meeting is high.
As of this posting, the fed funds futures market shows an
implied probability of 92% that the FOMC will hold the fed funds
rate steady at 2.00%. Accordingly, a decision to move the fed funds
rate up, or down, would be a huge surprise that would prompt an
outsized response.
The market's handicapping of this FOMC meeting, however, is
correct in our estimation.
With inflation pressures evident but the economy and financial
markets still unsettled, the FOMC isn't going to make a move at
this juncture.
The expected inaction doesn't mean the market won't be
interested in the meeting's outcome. On the contrary, interest will
be as high as ever because of the uncertainty surrounding the
wording of the policy directive.
Our sense of things is that the directive will communicate the
overriding message that the Fed is going to remain in a
wait-and-see mode as it aims to assess further incoming data on
inflation and economic activity, and continues to monitor the
functioning of the financial markets.
Reading between the lines, though, we think there is increased
potential that the market will perceive a comforting message that
the Fed won't be hiking interest rates anytime soon.
Although recent inflation reports have shown consumer inflation
on the cusp of being unacceptable, and should all but ensure a
dissenting vote from Dallas Fed President Fisher and perhaps
Philadelphia Fed President Plosser as well, the FOMC will recognize
that the recent drop in commodity prices, signs of further
deterioration in the labor market, the depressed state of the
housing sector, and evidence pointing to a slowing global economy
have afforded it some added time when contemplating the timing of
an interest rate hike.
Throw in the understanding, too, that the presidential election
is drawing closer and a rate hike in the near-term seems highly
unlikely.
This dovish perspective should be supportive for the stock
market since it has been caught up with recent (and trailing)
inflation data and has been unnerved by the idea that the FOMC will
raise rates sooner rather than later.
Posted by powerchord on 28th of Jul 2008 at 09:58 am
Chesapeake Energy: CNPC interested in Chesapeake Energy assets,
Morning Post says - Bloomberg.com (48.29 ) : Bloomberg.com
reports China National Petroleum, the country's biggest oil
producer, is considering a bid for minority stakes in shale-gas
assets owned by Chesapeake Energy, the South China Morning Post
said. Each of the two shale gas assets owned by the U.S. company in
Arkansas and Pennsylvania is valued at about $15 bln. CNPC declined
to comment, while an unidentified Chesapeake spokesman said the
company is "entertaining'' proposals for partnerships for its shale
assets in Fayetteville and Marcellus. Chesapeake Energy, based in
Oklahoma City, is the second- biggest U.S. independent natural-gas
producer. China National is the parent of PetroChina (PTR).
The community is delayed by three days for non registered users.
Thanks Ravun -- you have it
SSO trading system
Posted by powerchord on 14th of Oct 2008 at 04:05 pm
Thanks Ravun --
you have it set for 24hrs. The 0:00-0:00 next to the word dynamic identifies a midnight to midnight time period. thus includes all the pre & post mkt movement into your moving averages
Based on Matt's crosses i think he is using a 9:30-16:00 time frame and not including any pre or post mkt data into his moving averages
thanks
For your system? Matt's or
SSO trading system
Posted by powerchord on 14th of Oct 2008 at 03:32 pm
For your system? Matt's or both? Thanks --
there is no dynamic on esignal
I just noticed something --
SSO trading system
Posted by powerchord on 14th of Oct 2008 at 03:16 pm
I just noticed something -- my time table on esignal was set for 24hrs. -- This crossed me down at 1:15. . . I just set it (time table) to mkt hours only -- I see there is no cross -- Thanks
Did ninja get you short
SSO trading system
Posted by powerchord on 14th of Oct 2008 at 02:59 pm
Did ninja get you short at 1:15 new york time? Thanks
I assume you mean 30
SSO trading system
Posted by powerchord on 14th of Oct 2008 at 02:42 pm
I assume you mean 30 seconds before the mkt closes 3:59:30 new york time -- correct?
NOT 30 seconds before the SSO closes
thanks
sso system
SSO trading system
Posted by powerchord on 14th of Oct 2008 at 02:36 pm
Matt:
Are you taking a MKT on CLOSE or the 4pm price (the spy closes at 4:20 so the 4pm price is different than the mkt on close price -- i assume it's the same for SSO). During earnings season there could be some big moves in those 20 minutes.
I see your net #'s are based on $100,000 per trade (not share size) -- therefore, your share size has been going up month after month.
Are you executing it by dollar amount or share size? Just curious.
Thanks
Congress
Posted by powerchord on 3rd of Oct 2008 at 11:32 am
Does anybody know what time congress is scheduled to vote on the bailout ? Thanks
HUI
Posted by powerchord on 4th of Sep 2008 at 11:31 am
HUI at 300
briefing
Posted by powerchord on 25th of Aug 2008 at 01:27 pm
White House says US reviewing entire relationship with Russia
Some headline -- What were the best cold war stocks???
biotech
Shorting Biotech
Posted by powerchord on 24th of Aug 2008 at 02:01 pm
BBH is a biotech holders -- a basket of biotech stocks -- hope this helps
H&S
VIX
Posted by powerchord on 22nd of Aug 2008 at 11:29 am
Makes sense -- Thanks
H & S
VIX
Posted by powerchord on 22nd of Aug 2008 at 11:23 am
Matt --
Based on those stats you can take a profit 93% of the time -- with a good portion of those profits at least 15% -- I didn't think H&S tops were that reliable (93%) -- what do you think?
audio
update problem listening
Posted by powerchord on 20th of Aug 2008 at 09:24 am
I have only had 1 problem in a year, -- but I had one today
Title: FED Preview FOMC Preview -
Posted by powerchord on 5th of Aug 2008 at 12:25 pm
The Federal Open Market Committee meeting will be held today with a decision due out at about 14:15ET. The surprise factor ahead of the meeting is high. As of this posting, the fed funds futures market shows an implied probability of 93% that the FOMC will hold the fed funds rate steady at 2.00%. Accordingly, a decision to move the fed funds rate up, or down, would be a huge surprise that would prompt an outsized response. The market's handicapping of this FOMC meeting, however, is correct in our estimation. With inflation pressures evident but the economy and financial markets still unsettled, the FOMC isn't going to make a move at this juncture. The expected inaction doesn't mean the market won't be interested in the meeting's outcome. On the contrary, interest will be as high as ever because of the uncertainty surrounding the wording of the policy directive... You can check out the rest of our preview
New in the Research Section: FOMC
FOMC Preview
The Federal Open Market Committee meeting will be held Tuesday, August 5. The surprise factor ahead of the meeting is high.
As of this posting, the fed funds futures market shows an implied probability of 92% that the FOMC will hold the fed funds rate steady at 2.00%. Accordingly, a decision to move the fed funds rate up, or down, would be a huge surprise that would prompt an outsized response.
The market's handicapping of this FOMC meeting, however, is correct in our estimation.
With inflation pressures evident but the economy and financial markets still unsettled, the FOMC isn't going to make a move at this juncture.
The expected inaction doesn't mean the market won't be interested in the meeting's outcome. On the contrary, interest will be as high as ever because of the uncertainty surrounding the wording of the policy directive.
Our sense of things is that the directive will communicate the overriding message that the Fed is going to remain in a wait-and-see mode as it aims to assess further incoming data on inflation and economic activity, and continues to monitor the functioning of the financial markets.
Reading between the lines, though, we think there is increased potential that the market will perceive a comforting message that the Fed won't be hiking interest rates anytime soon.
Although recent inflation reports have shown consumer inflation on the cusp of being unacceptable, and should all but ensure a dissenting vote from Dallas Fed President Fisher and perhaps Philadelphia Fed President Plosser as well, the FOMC will recognize that the recent drop in commodity prices, signs of further deterioration in the labor market, the depressed state of the housing sector, and evidence pointing to a slowing global economy have afforded it some added time when contemplating the timing of an interest rate hike.
Throw in the understanding, too, that the presidential election is drawing closer and a rate hike in the near-term seems highly unlikely.
This dovish perspective should be supportive for the stock market since it has been caught up with recent (and trailing) inflation data and has been unnerved by the idea that the FOMC will raise rates sooner rather than later.
-- Patrick J. O'Hare, Briefing.com
CHK news
XOI
Posted by powerchord on 28th of Jul 2008 at 09:58 am
Chesapeake Energy: CNPC interested in Chesapeake Energy assets, Morning Post says - Bloomberg.com (48.29 ) : Bloomberg.com reports China National Petroleum, the country's biggest oil producer, is considering a bid for minority stakes in shale-gas assets owned by Chesapeake Energy, the South China Morning Post said. Each of the two shale gas assets owned by the U.S. company in Arkansas and Pennsylvania is valued at about $15 bln. CNPC declined to comment, while an unidentified Chesapeake spokesman said the company is "entertaining'' proposals for partnerships for its shale assets in Fayetteville and Marcellus. Chesapeake Energy, based in Oklahoma City, is the second- biggest U.S. independent natural-gas producer. China National is the parent of PetroChina (PTR).
Natty Gas ETF
Posted by powerchord on 23rd of Jul 2008 at 02:34 pm
Thanks guys
Dodger: Do you know an ETF
natty gas/oil ETF
Posted by powerchord on 23rd of Jul 2008 at 02:07 pm
Dodger:
Do you know an ETF that trades closely to the $XNG index? -- Thanks
Thanks Dodger
natty gas/oil ETF
Posted by powerchord on 23rd of Jul 2008 at 02:04 pm
Thanks Dodger
natty gas/oil ETF
Posted by powerchord on 23rd of Jul 2008 at 02:00 pm
Hi Guys:
Does anybody know the most closely related ETF to CHK & XTO? I'd like to use it as a hedge -- thanks
For the first time, it's
Posted by powerchord on 15th of Jul 2008 at 10:02 am
For the first time, it's starting to feel like capitulation............. any thoughts?