"Predicting" one minute ahead is simply looking at current prices to determine IV, right? What is, "is" what might be in the future, no one can know. That's why we call it a "market" - right, LOL. All the best, Don
Not sure you can forecast it, but you can take advantage of extreme implied volatilities by fading them or the underlying issue. That is exactly how I trade, with put call ratios added in but not necessary condition. I am going to do a post this evening per Brett's suggestion (TraderFeed http://tinyurl.com/yqc7z4), just a brief description of how I trade. i am not good at long articles, but I'll give it a shot. Check my blog later maybe tomorrow if you are interested (do not accuse me of spamming!) my blog: http://lauristonletter.blogspot.com/
I basically agree with you this time, I just wanted to make clear that right king forecasting tools is now important part of tool chest of the best. Maybe even in yours. Or your brother( more likely )
Panzerman, I am writing my own codes for my trading strategies in C++ and that's an excellent page on coding. Thanks for sharing. DG.