There are, per JTH, four factors which affect the intraday [RTH]value of the STR-SQU indicator. These variables and the indicator itself are discussed elsewhere and will not be elaborated on here. Instead I will erratically post the indexarb value for the offset along with the time of day and what my RTH iteration has produced. I am using a '2 pair null' to iterate. So for example today, 5/1/08 the indexarb offset was quoted as: -8.86 = -8.9 (for me) = -9.0 (for some). At the present time 12:02 PM EST, my value is -12.9. Others are welcome to post their value. My reasons for doing this are both self-serving and altruistic. lj Remember, if $ leads, a STR is a SQU. Disclaimer: The information presented here is in no way meant to replace, supercede or mangle what has heretofore been presented on this entity.