You can use Investor RT to track the delta on a daily intraday basis (with what they call the Volume Breakdown tool set to cumulative delta candlesticks).... http://www.linnsoft.com/tour/techind/vb.htm I use a proprietary method to track the zones of strong pockets of NET holders (as measured with cumulative delta). These areas then become very strong support and resistance zones which I track. As price moves towards and into these zones after formation, I look for trade set ups and entries based upon how the area is holding up (are the NET holders of positions previously entered in that zone defending the area, or bailing creating the zone to go to neutral). Over time, I continue to measure and track what number of contracts is significant enough to create a ZONE of NET HOLDERS (holders of acumulated LONG or SHORT positions usually in a two to three point zone). It is odd to me, but I have not found anyone out in the trading community using DELTA information the way that I do (other than several traders I know who use to trade with me).
Tick tock, stock can you feel the actual time decay on an hourly basis? We all know you have no money actually in any security, but you really showed what a amateur you really are with your last "mkt call". You sell premium, not buy it, you frigging piker. Go away you are an utter failure. Wait until they release a revised number on 4th qtr gdp, back up the RISE in inventories (?) And the economy contracted over 5%. The revised number will be more like -7%. As always, you provide nothing with ove 9100 posts! You are totally in over your head now, we all know you are completely full of shit, but you have taken yourself to a new and unescapable low
Banks are the leading indicator right now. Davos 09 news (The real news of uncertan panic) is starting to make its way into the "Trading" rooms of the world markets. It's gona be a bloody weak. Could see S&P in the 750/700 range this week.
Whats this an open below 8000, is anyone really surprised, I am waiting patiently to see if the s&p breaks 800 this morning, going to be really volatile if it happens.
Next level of NET LONG HOLDERS is 800.75 to 797's (with their stops down to 795). This is the next zone below current price where there is RESTING inventory......we are getting close. :eek: Auction Market Theory would tell us a test of this zone with a RUN to this inventory is on deck. I have my next ES SHORT position profit target just above this next zone at 803.00
sold 2 of my inverse etfs, TZA and MZZ Bought alot of URE at $4 still holding onto numerous inverse etfs until the markets break new lows.