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Zeev Hed

08/23/02 5:40 PM

#19119 RE: limtex #19117

While my Major in my MSc was Nuclear Physics, my two minor subjects were Pure and Applied Mathematics, yes I do use special mathematical approaches (you can call them "correlation transforms" or "neural net systems", or "Regression equations", a rose by any other name ....). The problem with the approach is that it has a number of time variable, and sometimes these need t be tweaked (using what we call "intuition"), but often enough, those turnips work fine.

Zeev

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Train Guy

08/28/02 1:43 AM

#20002 RE: limtex #19117

Limtex, you were wondering about computer trading. Check out these guys, http://www.programtrading.com/hlc.htm According to them 30-35% of all trading is done by programed computers. That 300 point plus moon shot of the Dow two weeks ago was somebody sitting on the futures from 1:40 until 3:40 keeping the computers buying. I've only been watching this for about three weeks, but when the premium levels these guys claim the computers are programed for hit, you can easily see the effects on the indexes. Here's what they are set for tomorrow at. My WAG as to what this means is a slight negative bias (bias being a likely hood of sudden moves up or down) but less than today, which had premiums of $2.00 and -1.20.

For Wednesday August 28, 2002

For Execution of Buy/Sell Programs
Our FairValue for the S&P 500 today is $.28. That price will not change during the day. Our
computers are set for program buying at $1.92 and set for program selling at $--1.24. If you would
like to watch these program trading premium execution levels, the symbol is PREM (@prem and
$prem, on good data feeds, prem.x, $sps, and $spinx on bad ones).

And here's a little move info about them from their website. Anybody know if what they are talking about is legit and above board? If you subscribe, they even claim they can tell you when to expect program trading to occur. For us that are agonizing over a $80 lifetime subscription to IHub, these guys are real, real expensive. :)

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Our Program Trading Research is designed specifically for you to trade your own account. As a
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night before the markets open. For instance, you can utilize our daily program trading information
and pattern recognition systems to more effectively trade S&P 500, NASDAQ 100, and their E-mini
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