Knowledge. I am sure even you may learn a thing or two, even if its only on the subject of JA's favorite undergear LOL Seriously though, not a fan of pairs trading, not to say it isnt a way for some. Sure i've done lotsa digging around as i love reading and expanding my reach but not much has been covered on the subject around here, atleast not in details. Anyway, wasnt looking for a free lunch, i already have a way to quadruple my account every 3 months just thought it's an interesting point of discussion.
Hmm...sorry Rally, somehow thought your post was from Volatilitypimp Substance abuse darn it. Oh yes, plenty to learn me. Just a newbie here. Hmmm....did I forget to include a copyright notice? Grrr....
July long dispersion final results : Index -> -(1.2) Basket wgt ABS -> 5.4 PnL -> +8.9%. This was the best month in last two years ; for whatever reason half of the DOW stocks went up and the other half went down. Best performers : MO = +12% GM = +13% XOM = +9% MMM= -12% WMT = -9% HD = -8%