Kudos to MMs

Oil sells off on Gadaffi seeking safe passage from Lybia. Shrug? Are people forgetting this thing is priced in dollars?
 
Quote from nitro:

FWIW, model 1317.49, SPX 1317.04.
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And since my rule is to be flat when SPX=FV, I am now covering the shorts from 250 handles lower. Don't really matter because I'm a zombie after tossing myself into the processsor.
 
Quote from nitro:

It has been locked on since it started working again last week.
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That also means that there is no predictive value in it, thus useless....
 
Quote from Pekelo:

That also means that there is no predictive value in it, thus useless....
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Yea, its seems like it only has two modes, one where it is "locked on" which means it just tracks the index and provides no trading opportunities, and another mode where it is out of sync but does not provide any predictive value because the odds of the index syncing up with the model seem about the same as the model moving towards the index. Where's the beef?
 
this reminds me of the old dean martin roasts,don't any of these comedians trade,or do they just surf et looking for people to put down, i guess it makes some people feel better
 
so does that make you this lady, ammo?

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Quote from ammo:

looking for people to put down,
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A valid observation is not a put down. If FV agrees with the market most of the time, it can not be used as a trading tool, period. In the maintime there were quite decent moves in the market in the last few days and obviously it missed predicting those...
Thus it is useless....

Now stop crying and add something of value.... :)

P.S.: I just gave great prize to another poster, who actually correctly predicted today's selloff. See? We don't always just criticize...
 
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