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    Volume on the Spoos Is Worthless

    Read my post on the PREM What it is and how to read it. That should help.
  2. G

    Volume on the Spoos Is Worthless

    Please offer your argument.
  3. G

    Volume on the Spoos Is Worthless

    Many traders make a point of watching volume on the mini S&P 500 futures. (ES). I submit this is pretty much worthless as a indicator. The reason is there there is no volume on the Large contract. You can prove this by running a matrix on the Large Pit Traded Contract. Tradestation symbol...
  4. G

    What indicators do you use and why?

    a few more indications it works
  5. G

    What indicators do you use and why?

    For trading the spoos I use, Trin because it trends Vix because it trends SP premium Nasdaq premium Russell premium because from it you can detect when program buying and selling is going on and because it is a leading indicator that frequenly well tell you exactly where the spoos...
  6. G

    The PREM What it Is and How to Read It

    Never looked at this. What is the symbol for the dow premium.
  7. G

    The PREM What it Is and How to Read It

    Rule # 1 Look at the right part of the bar. Use a 1 minute chart. The high of the spoos corresponds to the high of the prem. The low of the spoos corresponds to the low of the prem. Rule #2 When ever there is a new high for the day on the prem it means one of two things. Either the prem is...
  8. G

    The PREM What it Is and How to Read It

    The Prem is very useful. If anyone would like to see an example of any date in history .... please just post a date. It will be easy to show how the PREM would have been helpful on that date. Thanks
  9. G

    The PREM What it Is and How to Read It

    On 8/16 at 8:33 all 3 PREM feeds hit a new low. The spoos were at 1397.50. That is a good sign the spoos are going lower. At 8:45 the NS PREM hits a new high. The spoos should go higher. At 8:46 the NS PREM hits a new low. This is a reversal. The spoos will go lower therefore the next bar...
  10. G

    The PREM What it Is and How to Read It

    On 8/15 at 8:42 there was new lows on both the NS and RS PREM. The spoos hit a low of 1423.50. The prem was giving reason at that time to believe the spoos might drop below 1423.50. However, there were subsequently lower lows on the premium there after. That muddy's the water a bit. The...
  11. G

    The PREM What it Is and How to Read It

    In the chart below data 4, 5, 6 represents the SP, Nasdaq and Russell premium respectively. I find that using all 3 premium feeds will contribute greatly in understanding how the spoos will move. Rule # 1 Look at the right part of the bar. I only chart using 1 minute intervals. The high...
  12. G

    The PREM What it Is and How to Read It

    The PREM in this discussion will refer to any of the following. S&P Premium Nasdaq Premium Russell Premium Symbols here are based on Tradestation. The Premium is the difference between the futures and the cash index. The calculations are basically @SP.P - $INX = SP Premium, $NQIQX -...
  13. G

    Has the S&P 500 futures hit bottom?

    Perhaps I should clarify. Techncial analysis to me means running your indicators on the right data. That data means the trin, the vix, the S&P premium, the Nasdaq premium and the Russell premium. If you are watching those indicators you don't need to listen to the news because how the...
  14. G

    Has the S&P 500 futures hit bottom?

    You have nothing worthwhile to say that could make anyone a dime. Take your lack of knowledge somewhere its appreciated.
  15. G

    ES SMA Cross Over Back Test Results - Too Good to be True?

    While I do not use an MA as a basis for entering any of my trades there is a reasonably effective rule that can often produce consistently decent trades on the ES Set up your charts using a 5, 15 and 45 minute interval. Set up your 2 simple moving averages using 7 and 34 bar lengths...
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    Has the S&P 500 futures hit bottom?

    Mr Rcanfiel I notice in all the posts I have read from you, that you do little more in your posts than criticize. Have you ever started a new threat on something that you actually believe is productive or is it you just like to make yourself look good by tearing down every one else? If...
  17. G

    Has the S&P 500 futures hit bottom?

    A simple technical analysis. Based on my analysis I find that we have not yet hit bottom. In my estimation, all of the following needs to have occurred before we have capitulated. Of course they do not all occur at the same time. A bottom is not priced based only. I expect a return to...
  18. G

    August Crash of 2007

    check out our earlier post at 11am on 8/3/07 regarding where the trin and vix were headed today! http://www.elitetrader.com/vb/showthread.php?s=&threadid=93543&perpage=6&pagenumber=5
  19. G

    Transform the VIX into cash machine

    Trading Vix futures is a bit of a problem because there are not many platforms that are set up for execution. Tradestation offers a separate platform. I love the vix cause I know when the vix is trending and through the use of gap data we also can predict where it will go in advance. There...
  20. G

    August Crash of 2007

    Sorry I do not
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