Looks like a great entry point for Long PMI, Short MTG pair trade. I'm showing the pair at about 0.70 off standard deviation and in 40% percentile. What do you guys think? http://catalystcorner.com/index.php...2010&dateto=08/02/2010&capital_employed=10000
forgot to mention that the ratio is 0.36 (pmi: mtg) to make it dollar neutral which is what I suggest. pretty good cointegration also of 94%