Replies to post #92124 on Zeev's Turnips Patch-No Politics (ZEEV)

[TREND1]

mish
very good report !

[hightecheast]

<<DoesntAddUp is correct. You have to add the big and mini contract together to get the correct picture.>>

OK, have it your way ... you follow the Mini SP and the BIG SP together, and I will follow the BIG SP only.

Does that mean I have to give Man Financial back my $126,177.78 in gross profits trading the BIG SP in 2000 and 2001? ... <g>

The Larry Williams process usually correctly predicts the future. The commercials on the BIG SP, while only one factor to consider, are the most important element. Public sentiment, the ADX and stochastics are also crucial ... but ONLY if the commercials are in the correct position first.

I know that I know what I am talking about.

Please show me some evidence of your process and results that lead to consistent profits trading the BIG SP. There is probably more than one way to skin-a-cat.

Ken Wilson

<<You have to add the big and mini contract together to get the correct picture>> ... to get the correct picture - does that mean to be consistently profitable? AND do you trade the SPs regularly - BIG or Mini?

[exp]

thanks mish, an excellent post...frankly i am very surprised that not ONE but TWO key sentiment charts on vto are becoming unreliable...
first, equity and total p/c ratio has been adversely affected by monster qqq leap put positions:
http://vtoreport.com/sentiment/putcall.htm
this is best seen here:
http://www.schaeffersresearch.com/streetools/cboe_eqpcr.asp
which shows that cboe equity p/c ratio 21dma peaked around 2/24/03, a long time before the 3/12/03 bottom...

and second, the cot report has been apparently adversely affected by the exclusion of mini futures contracts:
http://vtoreport.com/sentiment/cot.htm
fortunately, this chart shows that commercials are extremely heavily short ndx and heavily short spx (as of 3/25/03):
http://www.marketswing.com/L3charts/CombinedCOT.gif