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  1. M

    Implied Distribution from Skew

    Certainly, "needless to say", but definitely not "useless to say", MAW. You're absolutely correct, of course. I left out a few steps required to massage the results (such as discarding the insignificant points, normalizing, etc), as I thought they should be relatively self-explanatory.
  2. M

    Implied Distribution from Skew

    When did I ever say it was "dirty"? Anyways, it's not exactly rocket science right here: pp = spline(strikes, prices); ppd = diffPP(pp); ppdd = diffPP(ppd); splitIncr = strikeStep / 2; splitStrikes = [strikes(1)-splitIncr:splitIncr:strikes(end)+splitIncr]'; splitPrices = ppval(ppdd...
  3. M

    What markets are manipulated and what will cause it to stop?

    Oh no, woe is me! Here I was merrily bumbling along thinking that I am already a "knowledgeable, educated and thinking individual". Ah well, I guess it's back to the drawing board for me.
  4. M

    What markets are manipulated and what will cause it to stop?

    Indeed, Misthos, I used the term "constitutionally" to describe a quality of The Gord that is part of his nature, his basic make-up. I wasn't referring to anything political. As to conspiracies, you know I disagree... To me conspiracies are certainly possible, but improbable. Thus, while...
  5. M

    What markets are manipulated and what will cause it to stop?

    Well, there's no Constitution in the UK, right? And it's not like we have ever seen any evidence that this was anything more sinister than Brown just being a total misguided idiot who simply refused to listen to what informed people were telling him... We have seen no proof or even suspicion...
  6. M

    What markets are manipulated and what will cause it to stop?

    I am not sure what sort of response I can offer you.... Because Gordon Brown is an autocratic idiot that is constitutionally not capable of hearing any voice/view other than his own?
  7. M

    How do you trade correlations?

    One of the simplest types of products would be a two-asset cash-or-nothing option. You can read about pricing these in the Collector's excellent guide to option pricing formulas. While the overwhelming majority of these trades are proper OTC exotics, some particular flavors have been getting...
  8. M

    What markets are manipulated and what will cause it to stop?

    Thank you for the compliment. I am hardly brilliant, but I am a participant in this mess, for better or worse. So it seems that we all here agree that mkts ARE manipulated by the govts, as a matter of EXPLICIT policy. Likewise, I assume that we ALL agree that some mkt regulation is...
  9. M

    What markets are manipulated and what will cause it to stop?

    We have discussed this at great length in another thread that DrPepper started a while ago.
  10. M

    What markets are manipulated and what will cause it to stop?

    The Chris Martenson article is not convincing evidence to anyone who knows how the treasury mkt functions. In fact, Martenson is exactly the type of storyteller that I referred to in my original post. I have gone through the numerous errors/fallacies/inconsistensies in his article in detail in...
  11. M

    What markets are manipulated and what will cause it to stop?

    The Fed has not intervened in UST auctions. We discussed this at length in another thread. Stop believing conspiracy theories and think for yourself, pls. Indeed, but that's the way the cookie has always crumbled... I've had this discussion on a couple of other threads, so, as I said...
  12. M

    What markets are manipulated and what will cause it to stop?

    Well, my friend, as I mentioned in my previous post, you'll get no disagreement from me there. It's beyond obvious that the mkt is "manipulated". In fact, why go too far? All mkt regulations, including insider trading laws, according to your definition, constitute manipulation.
  13. M

    What markets are manipulated and what will cause it to stop?

    I agree... See my response to JamesVU. I suppose we're gonna have to reach a consensus on the definition of "market manipulation".
  14. M

    What markets are manipulated and what will cause it to stop?

    Simple, more people/machines pressing their magical green buttons... Moreover, there's bad news and good news and there's even some news that may appear good to one group of people and bad to another, if you can imagine such a thing... No, not in the sense of the OP's question...
  15. M

    What markets are manipulated and what will cause it to stop?

    I have stated my opinion many times, so no need for me to reiterate ('cause I am sure we're gonna end up talking about Britney Spears again)... Conspiracy and mkt manipulation theories, in my view, are generally invented, advocated and disseminated by two kinds of people: 1) People who lost...
  16. M

    Implied Distribution from Skew

    I prefer to go all the way and do the dirty differentiation... I have a Matlab snippet that does the trick, if you like.
  17. M

    How do you trade correlations?

    Well, the difference is simply the rigor and diligence of the analysis. A lot of TA is arbitrary mumbo-jumbo, whereas statistics is based on some sound mathematical concepts. Sorta like astrology and astronomy... This is my personal opinion.
  18. M

    Why everything you've been told about evolution is wrong

    Hahaha, you're good, Ricter, yes, you are...
  19. M

    Position Traders

    I have no idea what the definition of "swing trading" might be, but I normally hold trades for weeks/months. Now, how does that actually help you?
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