35854 replies to this topic

[Vertebrae]

Next buy order in @ 49985 T40(F)

How about a little bounce play from 50000 on ALSH?

[bear catcher]

Dear Reader,

First, let’s be frank about the issues under discussion.

 

1. Ignoramus leading newbie astray.

If you do not know what you are talking about, please find out. Read. Ask!

Do not pretend on a public forum to be a specialist in a field that requires skill and art, and when your game is called, do not insult that person, it shows very poor form.

 

 2. Clearly definite terms.

i. Volatility; the noun volatility is the characteristic of changing often and unpredictably. Your sister's volatility might be shown in how quickly she switches from laughing to crying. If you talk about the volatility of the stock market, stock prices are most likely fluctuating wildly. In chemistry, volatility means the speed with which a substance changes from solid to liquid, liquid to vapour, and so on. The root is the Latin volatilis, "fleeting, transitory, flying."

ii. Open Interest; The total number of warrant and/or futures contracts that are not closed or delivered on a particular day.

 

3. The relationship between misrelated events.

Statistically speaking it my proof to be correlated that more contracts are left un-closed on highly volatile days, it is also more likely that you will drop your open umbrella on a rainy day if you walk on logs.

TB are you fighting out of the Sunesis corner? Pretty much sounds like it with a different angle than the end of the world gloom but more of a tech specialist.

[TradeBit]

Dear Reader,

First, let’s be frank about the issues under discussion.

 

1. Ignoramus leading newbie astray.

If you do not know what you are talking about, please find out. Read. Ask!

Do not pretend on a public forum to be a specialist in a field that requires skill and art, and when your game is called, do not insult that person, it shows very poor form.

 

 2. Clearly definite terms.

i. Volatility; the noun volatility is the characteristic of changing often and unpredictably. Your sister's volatility might be shown in how quickly she switches from laughing to crying. If you talk about the volatility of the stock market, stock prices are most likely fluctuating wildly. In chemistry, volatility means the speed with which a substance changes from solid to liquid, liquid to vapour, and so on. The root is the Latin volatilis, "fleeting, transitory, flying."

ii. Open Interest; The total number of warrant and/or futures contracts that are not closed or delivered on a particular day.

 

3. The relationship between misrelated events.

Statistically speaking it my proof to be correlated that more contracts are left un-closed on highly volatile days, it is also more likely that you will drop your open umbrella on a rainy day if you walk on logs.

Edited by TradeBit, 22 May 2014 - 10:00 AM.

[OceanWalz]

going to get my lawnmower out now - have some longs to mow soon

[Gorrat]

Trimming hedges yes! Hedging my Alsi bets not so good.....:lol:

[strydomk]

Are you any good with hedges? (Sorry couldn't resist)

[Gorrat]

I work on the Pt mines and lost out on yesterday's trading expedition so I am definately trimming hedges.....

[Argento]

Out 44880 naspers just turned negative

Kudo's BC!

 

A

[delta66]

Can I send u my CV?

[strydomk]

If the market doesn't turn in the next 200 pips then I'm opening a garden service. Grrrr

[bear catcher]

Out 44880 naspers just turned negative

[bear catcher]

Long 44820 looking for 100 point sculp

[Argento]

Kitchen sink short waiting @ 45150

Well played Beorn!

 

Man this is a tight squeeze...let's see if those negative divergences play out!

 

Not nice!

 

A

[bear catcher]

As i said yesterday rocket just warming up,naspers will drag us up again .Eish my longs looking so good and nice profit but shorts ooh so red.Now to time when we turn to sell.Note to myself sell when talk of new highs intencify!

[AJS]

So far this is playing out... Shorting lower down was just too easy for Mr Market. The shorts will howl with pain this morning...

 

K

 

Only saw your signature now... Awesome quote from the wise Mr. Livermore!

[K~~]

If 44600 holds we could see a move back to 44900 and even 45150... (fut)

 

K

So far this is playing out... Shorting lower down was just too easy for Mr Market. The shorts will howl with pain this morning...

 

K

[AJS]

Kitchen sink short waiting @ 45150

 

I hear you. Would be nice though if we can put it a double top...

[Beorn]

And I almost want to guarantee that China manufacturing data is going to surprise to the up side.

Giving this steam train wings.

Kitchen sink short waiting @ 45150

[JJBen]

Open interest vs. volatility. Paper by Burger, J and Smit, E. Graduate school of Business, Univ of Stellenbosch, etc.

As published in the Investment Analysts Journal - No. 46, 1997

 

Title of publication: "The relationship between share price volatility on the JSE and mispricing and open interest on SAFEX."

 

www.iassa.co.za/articles/046_1997_01.pdf - just type the total link over, couldn't copy and paste.

 

A number of other articles looking at the same relationship, concerning S&P contracts, Indian commodities, etc.

 

I DID NOT read all the hypotheses and algorithm statements. Did enough for my PhD studies some 15 years ago. But from said paper the following was stated:

 

"The results of the daily regressions of open interest on volatility on the All Share, All Gold and Industrial Indices have shown that although there is an indication of a positive relationship between share price volatility and open interest, the relationship is not statistically significant. The results do show, however, that open interest exhibits a statistically significant pattern where open interest increases as time-to-expiration decreases"......

 

 

Fresh hypotheses with decent referencing can contribute a lot towards a learning experience for all, as apposed to childish tantrums...

[Beorn]

And I almost want to guarantee that China manufacturing data is going to surprise to the up side.
Giving this steam train wings.