ZEEV, TECHNICALS - up to ZEEV:354953, 02/06/05
02/03: (353651) (*COMMENT*)
<I have only three weeks left in the ramp>
Z, a rally starting with vix 11+ and EPC around 0.5 will lead us to 2300 in three weeks?
(*END*)
Note that the EPC quoted by the CBOE is now the virgin EPC, they now report the QQQQ options as part of indices options. Too bad we do not have these data easily accessible historically.
02/04: (354032) (*COMMENT*)
Zeev, did you find anything of interest in the EPC data I mailed you? tia
(*END*)
Yes, and thanks for the spread sheet. It confirms that the virgin EPC , like the EPC has some predictive values at extremes, it has to go well under .44 to signal a top and well above .90 for a significant bottom. It probably is best used in conjunction with other parameters such as trin, NH/NL behavior Bull bear ratio in advisors etc.
