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Although I was skeptical initially, it appears that there may be something
to this phenomenon. I studied the activity based off the S&P chart from the
6/29/2000 low to the 7/17/2000 high (12 market days, 19 calendar days). Over
this period there were 690 messages to the omega list or 36.3 per calendar
day. Comparing this quantity to the total from the 7/17/2000 high to the
7/28/2000 (current day) low which is 9 1/2 market days and 11 1/2 calendar
days (it is 12:30 right now) we have 333 posts or an average of 29 posts per
day. I will leave it to someone else to test whether this difference is
statistically significant.
Patrick White
----- Original Message -----
From: "Kent Rollins" <kentr@xxxxxxxxxxxxxx>
To: "OmegaList" <omega-list@xxxxxxxxxx>
Sent: Friday, July 28, 2000 11:49 AM
Subject: Re: amazing
I think it's proportional to whether the market is moving or not. Low
ADX($SPX) = high omega list traffic.
Kent
-----Original Message-----
From: Phil Lane <patterntrader@xxxxxxxxxx>
To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
Date: Friday, July 28, 2000 11:22 AM
Subject: amazing
Has anyone noticed how the level of chatter on this list is proportional to
the market direction? Pretty quiet these days.
fwiw, Phil
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