2007 Jan 31 - Wed

Darvas Selections for 2007/02/01

Here are the selections for Thursday. These lists have the Darvas stop calculated in the second column.

Start: 2007-01-01 High: 2007-01-25 EOD: 2007-01-31 Symbol Stop AA 32.29 ANF 78.11 APD 72.04 AXL 19.27 BAX 49.34 BC 32.28 BUD 50.65 CAH 70.04 CIT 58.63 FPL 55.58 FRX 56.00 GS 215.13 GT 25.03 HET 84.60 HTZ 18.96 HYSL 39.76 IR 42.01 ITU 37.09 IVV 143.13 JCI 91.68 JPM 49.78 KMI 106.28 LYO 30.76 MAT 23.73 MET 62.36 MON 54.77 MRK 45.45 MSFT 31.10 MT 46.97 NCC 37.46 NIHD 72.97 NTES 19.81 ONNN 8.43 PAAS 28.07 PHG 38.03 PLCM 32.57 RIO 31.22 RITA 4.78 SPG 113.50 SPIL 8.30 SUNW 6.25 T 37.22 XLF 37.19

Start: 2007-01-01 High: 2007-01-26 EOD: 2007-01-31 Symbol Stop AA 32.29 ADCT 15.61 AXL 19.27 CEM 11.38 CFC 43.16 CMX 60.08 CNP 17.47 CPWR 8.88 FPL 55.58 HET 84.60 IAR 31.76 ICOS 33.96 IRF 40.48 KR 25.57 NIHD 72.97 NOK 21.00 NVL 34.81 ONNN 8.43 PD 122.49 SPIL 8.30 SVU 36.64 SYK 61.16 TPX 23.21

[/Trading/Darvas/D200702] permanent link

Darvas Results at EOD 2007/01/31

In comparison, the Dow Jones Industrial Index opened at 12520 had a high of 12657, had a low of 12505, and closed up at 12621.

Start: 2007-01-01
High: 2007-01-24
EOD: 2007-01-30

Symbol	Open	High	Low	Close	O->H	O->C
AA	32.02	32.49	31.83	32.30	0.47	0.28
AGR	19.95	20.20	19.70	20.14	0.25	0.19
ANDW	11.06	11.06	10.54	10.62	0.00	-0.44
APD	73.28	75.00	73.28	74.66	1.72	1.38
CHL	46.18	46.43	45.50	46.15	0.25	-0.03
CMX	60.65	61.59	60.50	61.26	0.94	0.61
CONR	33.11	33.32	33.11	33.22	0.21	0.11
CTSH	85.11	85.37	84.27	85.29	0.26	0.18
CVG	25.86	26.16	25.78	26.04	0.30	0.18
CX	34.95	35.49	34.65	35.38	0.54	0.43
DIA	125.19	126.49	125.13	126.24	1.30	1.05
EEM	112.39	114.30	111.76	114.30	1.91	1.91
EWJ	14.20	14.37	14.16	14.31	0.17	0.11
EWZ	46.76	47.58	46.46	47.25	0.82	0.49
FRX	56.00	56.21	55.45	56.11	0.21	0.11
GS	208.30	212.75	207.29	212.16	4.45	3.86
GT	24.61	24.74	24.28	24.69	0.13	0.08
HLT	35.09	35.85	34.79	35.39	0.76	0.30
HLTH	14.05	14.33	13.97	14.26	0.28	0.21
HTZ	18.57	18.80	18.25	18.62	0.23	0.05
HYSL	41.85	42.60	41.80	42.20	0.75	0.35
IACI	38.16	38.82	37.66	38.40	0.66	0.24
IR	42.65	43.89	42.45	42.88	1.24	0.23
ITU	36.60	37.24	36.32	36.97	0.64	0.37
IVV	142.93	144.42	142.70	144.03	1.49	1.10
JPM	50.07	51.16	49.85	50.93	1.09	0.86
KBH	51.42	54.41	51.42	54.22	2.99	2.80
KKD	12.88	13.00	12.30	12.33	0.12	-0.55
KR	25.30	25.73	25.20	25.60	0.43	0.30
LEH	80.94	82.50	80.20	82.24	1.56	1.30
MA	111.05	112.17	110.75	111.55	1.12	0.50
MAT	24.00	24.38	23.98	24.36	0.38	0.36
MBT	54.25	54.53	53.04	54.16	0.28	-0.09
MET	61.80	62.24	61.45	62.12	0.44	0.32
MIR	34.30	34.30	33.91	34.18	0.00	-0.12
MON	54.93	55.48	54.78	55.09	0.55	0.16
MT	46.29	47.57	46.05	47.57	1.28	1.28
NIHD	72.32	74.02	71.99	73.80	1.70	1.48
NTES	20.08	20.51	20.00	20.44	0.43	0.36
PAAS	27.88	28.52	27.75	28.38	0.64	0.50
PHG	38.71	39.25	38.62	39.15	0.54	0.44
POT	158.00	158.50	155.72	156.03	0.50	-1.97
RIO	32.80	34.00	32.68	33.93	1.20	1.13
SPIL	8.45	8.88	8.41	8.77	0.43	0.32
SPY	142.63	144.13	142.40	143.75	1.50	1.12
SRE	56.85	57.45	56.53	57.38	0.60	0.53
SSTI	5.14	5.20	4.92	4.98	0.06	-0.16
T	37.08	37.88	37.08	37.63	0.80	0.55
TJX	29.47	29.70	29.23	29.57	0.23	0.10
TOL	32.50	34.04	32.44	33.83	1.54	1.33
TV	28.95	29.61	28.86	29.46	0.66	0.51
UMC	3.50	3.58	3.46	3.55	0.08	0.05
XLF	36.78	37.17	36.67	37.08	0.39	0.30
	2672.53				41.52	27.06

Start: 2007-01-01
High: 2007-01-25
EOD: 2007-01-30

Symbol	Open	High	Low	Close	O->H	O->C
AA	32.02	32.49	31.83	32.30	0.47	0.28
ANF	77.85	79.78	77.57	79.54	1.93	1.69
APD	73.28	75.00	73.28	74.66	1.72	1.38
AXL	20.54	20.85	20.24	20.78	0.31	0.24
BAX	49.47	49.74	49.20	49.66	0.27	0.19
BC	33.75	34.15	33.50	34.11	0.40	0.36
BUD	50.90	51.16	50.72	50.97	0.26	0.07
CAH	71.63	71.63	70.85	71.42	0.00	-0.21
CIT	57.61	59.23	57.54	58.96	1.62	1.35
FPL	56.13	56.87	56.00	56.65	0.74	0.52
FRX	56.00	56.21	55.45	56.11	0.21	0.11
GS	208.30	212.75	207.29	212.16	4.45	3.86
GT	24.61	24.74	24.28	24.69	0.13	0.08
HET	84.57	84.74	84.17	84.48	0.17	-0.09
HTZ	18.57	18.80	18.25	18.62	0.23	0.05
HYSL	41.85	42.60	41.80	42.20	0.75	0.35
IR	42.65	43.89	42.45	42.88	1.24	0.23
ITU	36.60	37.24	36.32	36.97	0.64	0.37
IVV	142.93	144.42	142.70	144.03	1.49	1.10
JCI	90.83	92.67	90.65	92.46	1.84	1.63
JPM	50.07	51.16	49.85	50.93	1.09	0.86
KMI	105.90	106.25	105.75	106.00	0.35	0.10
LYO	30.71	31.70	30.60	31.62	0.99	0.91
MAT	24.00	24.38	23.98	24.36	0.38	0.36
MET	61.80	62.24	61.45	62.12	0.44	0.32
MON	54.93	55.48	54.78	55.09	0.55	0.16
MRK	44.90	45.09	44.50	44.75	0.19	-0.15
MSFT	30.41	31.10	30.35	30.86	0.69	0.45
MT	46.29	47.57	46.05	47.57	1.28	1.28
NCC	37.75	37.95	37.62	37.85	0.20	0.10
NIHD	72.32	74.02	71.99	73.80	1.70	1.48
NTES	20.08	20.51	20.00	20.44	0.43	0.36
ONNN	8.41	8.50	8.29	8.36	0.09	-0.05
PAAS	27.88	28.52	27.75	28.38	0.64	0.50
PHG	38.71	39.25	38.62	39.15	0.54	0.44
PLCM	34.11	34.19	33.14	33.62	0.08	-0.49
RIO	32.80	34.00	32.68	33.93	1.20	1.13
SPIL	8.45	8.88	8.41	8.77	0.43	0.32
SUNW	6.42	6.66	6.38	6.64	0.24	0.22
T	37.08	37.88	37.08	37.63	0.80	0.55
XLF	36.78	37.17	36.67	37.08	0.39	0.30
	2008.26				31.57	22.71

[/Trading/Darvas/D200701] permanent link

2007 Jan 30 - Tue

Trading Site of the Day -- Information Arbitrage: Intellectually Speaking

Information Arbitrage takes in depth reviews of the hard-core wonders of Wall Street -- things like derivatives, economics, sell-side organizations, as well as taking on some of the main stream topics like the "Jobs Put Option" bit.

On November 26, 2006, he wrote an article called "Black Box Trading: Panacea or Promotion". He is saying I'm on a hopeless cause. Why should I succeed when big guys like Ray Kurzweil throw millions of dollars at developing Block Box Trading Systems.

I'm slowly acquiring a perspective on how markets behave. And they certainly aren't well behaved. The randomness is random, after a fashion. I'm impressed by how various simple strategies I've come up with can reach a zero result, before commissions. But there has to be an edge somewhere.

Hence, I'm proceeding along two avenues. One is continuing the development of an Automated Strategy, just to see what I can do and what I can learn. The other is to resuse some Darvas strategies I successfully used last year before getting too busy with other stuff.

This is the reason for posting the Darvas stuff. I know it was successful before, and I need to do a little paper trading to prove my techniques, before I jump in once again with real money.

By tomorrow, I'll be behind by two days in posting the various results. I'll get caught soon.

[/Trading/SiteOfTheDay/D200701] permanent link

Darvas Selections for 2007/01/31

Here are the selections for Wednesday. These lists have the Darvas stop calculated in the second column.

Start: 2007-01-01 High: 2007-01-24 EOD: 2007-01-30 Symbol Stop AA 32.29 AGR 21.80 ANDW 10.99 APD 72.04 CHL 46.84 CMX 60.08 CONR 33.00 CTSH 82.81 CVG 25.95 CX 34.33 DIA 125.68 EEM 106.54 EWJ 14.35 EWZ 43.11 FRX 56.00 GS 215.13 GT 25.03 HLT 36.05 HLTH 14.02 HTZ 18.96 HYSL 39.76 IACI 38.73 IR 40.76 ITU 37.09 IVV 143.13 JPM 49.78 KBH 51.61 KKD 13.03 KR 25.15 LEH 83.90 MA 110.22 MAT 23.73 MBT 51.86 MET 62.36 MIR 33.99 MON 54.77 MT 44.51 NIHD 66.75 NTES 19.81 PAAS 28.07 PHG 38.03 POT 148.61 RIO 31.22 SPIL 8.30 SPY 142.86 SRE 57.12 SSTI 4.90 T 35.81 TJX 29.81 TOL 32.24 TV 28.65 UMC 3.53 XLF 37.19

Start: 2007-01-01 High: 2007-01-25 EOD: 2007-01-30 Symbol Stop AA 32.29 ANF 78.11 APD 72.04 AXL 19.27 BAX 49.34 BC 32.28 BUD 50.33 CAH 70.04 CIT 55.62 FPL 55.58 FRX 56.00 GS 215.13 GT 25.03 HET 84.60 HTZ 18.96 HYSL 39.76 IR 40.76 ITU 37.09 IVV 143.13 JCI 91.68 JPM 49.78 KMI 106.28 LYO 28.54 MAT 23.73 MET 62.36 MON 54.77 MRK 45.45 MSFT 31.10 MT 44.51 NCC 37.46 NIHD 66.75 NTES 19.81 ONNN 8.43 PAAS 28.07 PHG 38.03 PLCM 32.57 RIO 31.22 RITA 4.78 SPIL 8.30 SUNW 6.25 T 35.81 XLF 37.19

[/Trading/Darvas/D200701] permanent link

Darvas Results at EOD 2007/01/30

In comparison, the Dow Jones Industrial Index opened at 12492, had a high of 12538, had a low of 12459, and closed up at 12523.

Start: 2007-01-01
High: 2007-01-23
EOD: 2007-01-29

Symbol	Open	High	Low	Close	O->H	O->C
AA	32.19	32.62	32.12	32.31	0.43	0.12
ANDW	11.21	11.25	10.97	11.02	0.04	-0.19
ARRS	13.58	13.71	13.42	13.53	0.13	-0.05
ASD	47.93	48.50	47.77	48.37	0.57	0.44
CHL	47.30	48.59	47.05	48.20	1.29	0.90
CONR	33.16	33.20	33.09	33.14	0.04	-0.02
CTSH	84.10	85.22	83.95	85.10	1.12	1.00
CVG	25.70	26.05	25.62	25.97	0.35	0.27
CX	34.07	35.23	33.98	34.90	1.16	0.83
DHI	28.10	28.28	27.77	27.82	0.18	-0.28
EWH	16.52	16.69	16.50	16.64	0.17	0.12
HLT	34.53	34.66	34.15	34.40	0.13	-0.13
HLTH	13.74	14.16	13.74	14.08	0.42	0.34
HTZ	18.80	19.00	18.46	18.77	0.20	-0.03
IACI	38.10	38.31	37.67	38.12	0.21	0.02
JCI	91.53	91.82	90.19	90.90	0.29	-0.63
KKD	12.90	13.20	12.74	12.86	0.30	-0.04
KMI	105.73	105.97	105.70	105.91	0.24	0.18
MAT	24.00	24.25	23.88	24.19	0.25	0.19
MBT	52.80	55.30	52.78	54.98	2.50	2.18
MCO	71.23	71.50	70.50	70.60	0.27	-0.63
MIR	33.73	34.33	33.73	34.30	0.60	0.57
MON	55.40	55.74	54.78	55.01	0.34	-0.39
MT	45.81	47.07	45.65	46.89	1.26	1.08
PAAS	27.83	28.40	27.83	28.09	0.57	0.26
RIO	32.62	32.80	32.06	32.61	0.18	-0.01
SPIL	8.74	8.83	8.64	8.75	0.09	0.01
SRE	56.86	57.11	56.78	57.03	0.25	0.17
SSCC	10.96	10.96	10.75	10.86	0.00	-0.10
TIN	49.38	49.78	49.18	49.70	0.40	0.32
TOL	32.61	32.81	32.34	32.43	0.20	-0.18
TRA	14.55	14.84	13.86	13.96	0.29	-0.59
TV	29.20	29.24	28.85	29.20	0.04	0.00
UMC	3.52	3.56	3.49	3.52	0.04	0.00
UNP	96.18	97.07	95.17	96.98	0.89	0.80
	1323.65				15.44	6.53

Symbol	Open	High	Low	Close	O->H	O->C
AA	32.19	32.62	32.12	32.31	0.43	0.12
AGR	20.11	20.19	19.93	20.02	0.08	-0.09
ANDW	11.21	11.25	10.97	11.02	0.04	-0.19
APD	73.65	73.91	73.00	73.42	0.26	-0.23
CHL	47.30	48.59	47.05	48.20	1.29	0.90
CMX	60.20	60.85	60.10	60.72	0.65	0.52
CONR	33.16	33.20	33.09	33.14	0.04	-0.02
CTSH	84.10	85.22	83.95	85.10	1.12	1.00
CVG	25.70	26.05	25.62	25.97	0.35	0.27
CX	34.07	35.23	33.98	34.90	1.16	0.83
DIA	124.90	125.27	124.64	125.16	0.37	0.26
EEM	112.06	113.42	112.06	113.42	1.36	1.36
EWJ	14.26	14.37	14.24	14.37	0.11	0.11
EWZ	46.26	46.68	45.89	46.52	0.42	0.26
FRX	55.88	56.35	55.64	56.18	0.47	0.30
GS	211.08	212.31	208.37	208.78	1.23	-2.30
GT	24.66	24.83	24.50	24.69	0.17	0.03
HLT	34.53	34.66	34.15	34.40	0.13	-0.13
HLTH	13.74	14.16	13.74	14.08	0.42	0.34
HTZ	18.80	19.00	18.46	18.77	0.20	-0.03
HYSL	41.38	42.08	41.37	42.00	0.70	0.62
IACI	38.10	38.31	37.67	38.12	0.21	0.02
IR	40.93	41.90	40.93	41.76	0.97	0.83
ITU	36.57	36.79	36.16	36.60	0.22	0.03
IVV	142.70	143.10	142.40	143.08	0.40	0.38
JPM	49.70	50.25	49.37	50.18	0.55	0.48
KBH	52.10	52.33	51.42	51.67	0.23	-0.43
KKD	12.90	13.20	12.74	12.86	0.30	-0.04
KR	25.01	25.68	25.00	25.56	0.67	0.55
LEH	80.77	81.50	80.55	80.94	0.73	0.17
MA	109.64	111.61	109.24	110.75	1.97	1.11
MAT	24.00	24.25	23.88	24.19	0.25	0.19
MBT	52.80	55.30	52.78	54.98	2.50	2.18
MET	61.80	61.98	61.54	61.88	0.18	0.08
MIR	33.73	34.33	33.73	34.30	0.60	0.57
MON	55.40	55.74	54.78	55.01	0.34	-0.39
MT	45.81	47.07	45.65	46.89	1.26	1.08
NIHD	72.61	72.72	71.84	72.26	0.11	-0.35
NTES	20.29	20.40	20.06	20.26	0.11	-0.03
PAAS	27.83	28.40	27.83	28.09	0.57	0.26
PHG	38.72	39.04	38.69	39.00	0.32	0.28
POT	155.99	159.72	154.68	158.00	3.73	2.01
RIO	32.62	32.80	32.06	32.61	0.18	-0.01
SPIL	8.74	8.83	8.64	8.75	0.09	0.01
SPY	142.35	142.86	142.06	142.79	0.51	0.44
SRE	56.86	57.11	56.78	57.03	0.25	0.17
SSTI	4.84	5.30	4.83	5.18	0.46	0.34
T	36.62	37.19	36.57	37.09	0.57	0.47
TJX	29.47	29.74	29.28	29.47	0.27	0.00
TOL	32.61	32.81	32.34	32.43	0.20	-0.18
TV	29.20	29.24	28.85	29.20	0.04	0.00
UMC	3.52	3.56	3.49	3.52	0.04	0.00
XLF	36.66	36.84	36.62	36.78	0.18	0.12
	2710.13				30.01	14.27

[/Trading/Darvas/D200701] permanent link

2007 Jan 29 - Mon

Darvas Selections for 2007/01/30

Here are the selections for Tuesday. These lists have the Darvas stop calculated in the second column.

Start: 2007-01-01 High: 2007-01-23 EOD: 2007-01-29 AA 31.17 ANDW 10.99 ARRS 13.08 ASD 47.41 CHL 46.84 CONR 33.00 CTSH 82.81 CVG 25.95 CX 34.33 DHI 28.37 EWH 16.86 HLT 36.05 HLTH 13.52 HTZ 18.96 IACI 38.73 JCI 91.68 KKD 13.03 KMI 106.28 MAT 23.73 MBT 51.86 MCO 71.79 MIR 33.99 MON 54.77 MT 44.51 PAAS 25.54 RIO 31.22 RITA 4.78 SPIL 8.30 SRE 57.12 SSCC 10.14 TIN 48.29 TOL 32.24 TRA 13.78 TV 28.65 UMC 3.53 UNP 93.92

Start: 2007-01-01 High: 2007-01-24 EOD: 2007-01-29 AA 31.17 AGR 21.80 ANDW 10.99 APD 72.04 CHL 46.84 CMX 60.08 CONR 33.00 CTSH 82.81 CVG 25.95 CX 34.33 DIA 125.68 EEM 106.54 EWJ 14.35 EWZ 43.11 FRX 56.00 GS 215.13 GT 25.03 HLT 36.05 HLTH 13.52 HTZ 18.96 HYSL 39.76 IACI 38.73 IR 40.76 ITU 37.09 IVV 143.13 JPM 49.78 KBH 51.61 KKD 13.03 KR 24.73 LEH 83.90 MA 110.22 MAT 23.73 MBT 51.86 MET 62.36 MIR 33.99 MON 54.77 MT 44.51 NIHD 66.75 NTES 19.81 PAAS 25.54 PHG 38.03 POT 148.61 RIO 31.22 SPIL 8.30 SPY 142.86 SRE 57.12 SSTI 4.52 T 35.81 TJX 29.81 TOL 32.24 TV 28.65 UMC 3.53 XLF 37.19

[/Trading/Darvas/D200701] permanent link

Darvas Results for EOD 2007/01/29

In comparison, the Dow Jones Industrial Index opened at 12487, had a high of 12542, had a low of 12481, and closed up slightly at 12490.

Start: 2007-01-01
High: 2007-01-22
EOD: 2007-01-26

Symbol	Open	High	Low	Close	O->H	O->C
ADCT	16.39	16.65	15.91	16.13	0.26	-0.26
ASD	47.52	47.79	47.32	47.56	0.27	0.04
CAH	71.00	71.13	70.56	70.86	0.13	-0.14
CHL	46.35	46.70	46.05	46.05	0.35	-0.30
CX	34.28	34.62	33.83	33.85	0.34	-0.43
DNA	86.10	86.78	85.90	86.31	0.68	0.21
EWH	16.47	16.50	16.38	16.42	0.03	-0.05
FRX	55.51	55.95	55.26	55.73	0.44	0.22
GTI	7.56	7.94	7.51	7.91	0.38	0.35
HTZ	18.94	19.40	18.62	18.92	0.46	-0.02
ITU	37.01	37.13	36.18	36.22	0.12	-0.79
JCI	92.00	92.00	90.75	91.32	0.00	-0.68
JPM	49.57	49.65	49.11	49.47	0.08	-0.10
KKD	12.89	12.99	12.74	12.90	0.10	0.01
KMI	105.72	105.98	105.70	105.72	0.26	0.00
MAS	30.91	31.17	30.77	30.97	0.26	0.06
MBT	53.75	54.53	52.66	52.68	0.78	-1.07
MCO	70.84	71.73	70.71	71.24	0.89	0.40
MIR	33.78	34.31	33.63	33.72	0.53	-0.06
NCR	45.20	45.81	45.12	45.76	0.61	0.56
SLE	17.06	17.27	17.00	17.18	0.21	0.12
TRA	13.80	14.54	13.76	14.47	0.74	0.67
	870.65				7.92	-1.26

Start: 2007-01-01
High: 2007-01-23
EOD: 2007-01-26

Symbol	Open	High	Low	Close	O->H	O->C
AA	32.07	32.15	31.73	31.80	0.08	-0.27
ANDW	10.90	11.20	10.88	11.17	0.30	0.27
ARRS	13.44	13.72	13.35	13.54	0.28	0.10
ASD	47.52	47.79	47.32	47.56	0.27	0.04
CHL	46.35	46.70	46.05	46.05	0.35	-0.30
CONR	32.99	33.15	32.99	33.15	0.16	0.16
CTSH	82.87	84.95	82.55	83.99	2.08	1.12
CVG	25.44	25.90	25.42	25.58	0.46	0.14
CX	34.28	34.62	33.83	33.85	0.34	-0.43
DHI	27.77	28.19	27.70	27.90	0.42	0.13
EWH	16.47	16.50	16.38	16.42	0.03	-0.05
HLT	35.06	35.06	34.31	34.38	0.00	-0.68
HLTH	13.32	13.78	13.31	13.74	0.46	0.42
HTZ	18.94	19.40	18.62	18.92	0.46	-0.02
IACI	37.46	38.34	37.46	38.02	0.88	0.56
JCI	92.00	92.00	90.75	91.32	0.00	-0.68
KKD	12.89	12.99	12.74	12.90	0.10	0.01
KMI	105.72	105.98	105.70	105.72	0.26	0.00
MAT	24.39	24.78	23.49	23.97	0.39	-0.42
MBT	53.75	54.53	52.66	52.68	0.78	-1.07
MCO	70.84	71.73	70.71	71.24	0.89	0.40
MIR	33.78	34.31	33.63	33.72	0.53	-0.06
MON	55.53	55.73	54.71	55.18	0.20	-0.35
MT	45.58	46.35	45.56	45.86	0.77	0.28
PAAS	27.87	28.44	27.65	27.78	0.57	-0.09
RIO	32.66	33.03	32.40	32.45	0.37	-0.21
RITA	4.81	4.97	4.81	4.95	0.16	0.14
SPIL	8.54	8.77	8.53	8.73	0.23	0.19
SRE	57.19	57.19	56.69	56.85	0.00	-0.34
SSCC	11.03	11.11	10.87	10.99	0.08	-0.04
TIN	49.99	49.99	48.36	49.38	0.00	-0.61
TOL	32.54	33.01	32.24	32.43	0.47	-0.11
TRA	13.80	14.54	13.76	14.47	0.74	0.67
TV	29.22	29.33	29.01	29.15	0.11	-0.07
UMC	3.62	3.64	3.52	3.53	0.02	-0.09
	1006.39				13.24	-1.26

[/Trading/Darvas/D200701] permanent link

2007 Jan 28 - Sun

Darvas Selections for 2007/01/29

Here are selections for Monday. These lists of the Darvas stop calculated in the second column.

On the previous two days, the Dow was down, and had an influence on the stock selected. On this next round, we'll see how things match up with the stop. If we can stay above, we should be doing good. I hope. In addition, next time around, I'll see I can determine if the Dow will tell us soon enough whether we should get in or not. In addition, maybe there are some other market indicators that will tell us the mood for the day early enough.

TRA caught my eye. It could be a good mover.

Start: 2007-01-01 High: 2007-01-22 EOD: 2007-01-26 ADCT 15.61 ASD 47.41 CAH 70.04 CHL 46.84 CX 34.33 DNA 88.64 EWH 16.86 FRX 56.00 GTI 7.20 HTZ 18.96 ITU 37.09 JCI 91.68 JPM 49.78 KKD 13.03 KMI 106.28 MAS 31.19 MBT 51.86 MCO 71.79 MIR 33.99 NCR 43.44 SLE 17.13 TRA 13.78

Start: 2007-01-01 High: 2007-01-23 EOD: 2007-01-26 AA 31.17 ANDW 10.54 ARRS 13.08 ASD 47.41 CHL 46.84 CONR 33.00 CTSH 82.81 CVG 25.95 CX 34.33 DHI 28.37 EWH 16.86 HLT 36.05 HLTH 13.02 HTZ 18.96 IACI 38.73 JCI 91.68 KKD 13.03 KMI 106.28 MAT 23.73 MBT 51.86 MCO 71.79 MIR 33.99 MON 54.77 MT 44.51 PAAS 25.54 RIO 31.22 RITA 4.75 SPIL 8.30 SRE 57.12 SSCC 10.14 TIN 48.29 TOL 32.24 TRA 13.78 TV 28.65 UMC 3.53

[/Trading/Darvas/D200701] permanent link

Trading Site of the Day -- Trading Quotes: Timeless Words of Wisdom

On the lighter side of trading, Trading Quotes is devoted to presenting, well, I'll quote the author:

Timeless Words Of Wisdom And Stocks And Futures Trading Quotable Quotes. Trading Quotes That 
Impart Important Trading Philosophy. Trading Quotable Quotes That Withstand The Test Of 
Time. Good Trading Quotable Quotes Regarding Trading Systems, Money Management and 
Psychology Of Trading.

[/Trading/SiteOfTheDay/D200701] permanent link

2007 Jan 27 - Sat

SmartQuant QuantDeveloper & DataCenter Release

SmartQuant has released revisions to QuantDeveloper. DataCenter and QuantDeveloper are at the following revision levels:

DataCenter
Version 2.1.6 (22-Jan-2007) 

QuantDeveloper Enterprise Edition
Version 2.4.2 (26-Jan-2007) 

[/Trading/SmartQuant/Releases] permanent link

Trading Site of the Day -- Ensign Sofware: A Chartist's Dream

Ensign Software has a Newsletter that has been running for a number of years. The newsletter is free. Each issue discusses a different way of looking at the market, from a charting perspective. The issue contents have been summarized and categorized at the link provided above. The breadth and scope of the topics covered is impressive. And each has commentary regarding how it can be used in trading. Sometimes, topics are taken together so one can get a feel out multiple topics come together to support each other.

The newsletter describes how to configure Ensign Sofware to display the patterns and indicators described. After a trial period, he software is available on a per-month subscription basis. The software is designed to work with real-time, historical and end-of-day data from a number of different vendors including IQFeed and Interactive Brokers.

[/Trading/SiteOfTheDay/D200701] permanent link

2007 Jan 26 - Fri

Darvas Results at EOD 20070126

In comparison, The Dow Jones Industrial Index Opened at 12503, had a high of 12539, had a low of 12431, and closed down for the day at 12487.

Start: 2007-01-01
High: 2007-01-19
EOD: 2007-01-25

Symbol	Open	High	Low	Close	O->H	O->C
AA	31.62	32.28	31.40	32.07	0.66	0.45
ADCT	15.72	16.42	15.72	16.32	0.70	0.60
ASD	47.65	47.86	47.25	47.58	0.21	-0.07
CVG	25.61	25.62	25.22	25.47	0.01	-0.14
DNA	87.28	87.28	86.17	86.57	0.00	-0.71
EWH	16.37	16.41	16.23	16.40	0.04	0.03
FDO	31.30	31.40	30.97	31.18	0.10	-0.12
FRX	56.18	56.20	55.26	55.41	0.02	-0.77
IACI	38.16	38.23	37.41	37.74	0.07	-0.42
ICOS	33.98	34.00	33.97	33.98	0.02	0.00
JCI	92.70	92.78	91.11	92.02	0.08	-0.68
MAS	31.34	31.36	30.81	30.90	0.02	-0.44
MEL	43.50	43.63	43.08	43.21	0.13	-0.29
OI	22.20	22.25	21.92	22.15	0.05	-0.05
TRA	13.45	13.82	13.25	13.75	0.37	0.30
	587.06				2.48	-2.31

Start: 2007-01-01
High: 2007-01-22
EOD: 2007-01-25

Symbol	Open	High	Low	Close	O->H	O->C
ADCT	15.72	16.42	15.72	16.32	0.70	0.60
ASD	47.65	47.86	47.25	47.58	0.21	-0.07
CAH	71.00	72.33	70.97	71.43	1.33	0.43
CHL	47.05	47.63	46.42	47.36	0.58	0.31
CX	34.75	34.94	34.06	34.40	0.19	-0.35
DNA	87.28	87.28	86.17	86.57	0.00	-0.71
EWH	16.37	16.41	16.23	16.40	0.04	0.03
FRX	56.18	56.20	55.26	55.41	0.02	-0.77
GTI	7.47	7.67	7.31	7.66	0.20	0.19
HTZ	19.00	19.25	18.73	18.89	0.25	-0.11
ITU	37.13	37.50	36.50	37.17	0.37	0.04
JCI	92.70	92.78	91.11	92.02	0.08	-0.68
JPM	50.00	50.25	49.50	49.70	0.25	-0.30
KKD	12.80	12.96	12.65	12.88	0.16	0.08
KMI	106.50	106.65	106.46	106.61	0.15	0.11
MAS	31.34	31.36	30.81	30.90	0.02	-0.44
MBT	53.70	54.25	53.06	53.53	0.55	-0.17
MCO	71.91	72.36	70.38	70.75	0.45	-1.16
MIR	33.95	34.09	33.57	33.78	0.14	-0.17
NCR	45.35	45.95	45.18	45.43	0.60	0.08
SLE	17.04	17.13	16.91	17.10	0.09	0.06
TRA	13.45	13.82	13.25	13.75	0.37	0.30
	968.34				6.75	-2.70

[/Trading/Darvas/D200701] permanent link

Trading Site of the Day -- NYSE Scalper's Tale: Trader's Diary

This is a scalping trader who lays it out all out for you. He does daily and monthly summaries of how well he does in the markets: how many trades he does, how profitable they are, and goes into a tiny bit of background regarding the rationale behind each trade.

The interesting part of his site is his Weekend Reading Lists. At the end of each week, he presents a list of links and brief descriptions to other blogs that he found interesting. Each trading link offers up a pearl of wisdom to help one become a better trader.

[/Trading/SiteOfTheDay/D200701] permanent link

Blosxom ClickTrack

Today I've installed Nelson's Clicktrack for Blosxom. It scans stories for urls and then turns them into url redirects so that they show up in the web server's access log. As such, one can see what links people are clicking to go offsite.

[/OpenSource/blosxom] permanent link

2007 Jan 25 - Thu

Trading Site of the Day -- BabyPips: Beginner's Guide To Forex Trading

BabyPips is a site that takes a child-like view on the world of Forex. Perhaps that phrase could be misconstrued as a negative when in fact I meant it as a positive. It uses bold colors and clever graphics to hightlight the informative text.

The site has a School section where newcomers are introduced step by step to the world of Foreign Exchange trading principles through discussions of terminology, chart reading, psychology, news analysis, supporting indicies, and then proceeds to advanced topics.

That was the theoretical side. For the practical side, there are a number of site blogs where the writers provide summaries of the trades for the day, why they did what they did, and how it worked out. Other site blogs provide mini-discussions on relevant topics to help round out the education.

There is a related forum section where site readers can provide feedback and ask questions on foreign exchange trading.

A Forexpedia, a form of a Wiki is also present where knowledgeable members can write and contribute articles regarding foreign exchange.

[/Trading/SiteOfTheDay/D200701] permanent link

PlainBlack WebGUI Usage Notes

In two prior entries, I went through the procedure for installing the Fedora Core 4 Linux Distribution, followed by a procedure to install WebGUI on top.

Here are a few notes I've collected that helped me as a newcomer to WebGUI get started with using WebGUI.

• Make a copy of the WebGui 6 style sheet and called it One Unified Style sheet. All the plainblack references and icons were removed to leave the basic background in place.
• More work is needed to clean up some .css droppings

• Use 'Page Layout' to add a new page
• Use 'Article' to create a formattable text block on that page
• Use 'File Pile' to upload a .png image file to be sequenced on the page
• Be aware that if you have copy/pasted an article, deleting one article will delete all replicated articles.

On the source server:

mysqldump --add-drop-table pb_oneunified_net > wg.sql

On the destination server:

scp root@192.168.59.132:/root/wg.sql .
mysqldump --add-drop-table docs_oneunified_net > old.sql
mysql docs_oneunified_net < wg.sql
cd /data
cd domains
cd oneunified.net/docs/
cd public/
cd uploads/
scp -r root@192.168.59.132:/data/domains/oneunified.net/pb/public/uploads/* .
chown -R apache.apache *

PlainBlack FAQ with RSS method

[/OpenSource/Fedora/WebGUI] permanent link

Installing PlainBlack WebGUI 6.8.8

The PlainBlack WebGUI documentation server install requires the use of the Fedora Core 4 base build. If you are using VMWare, be sure to Snap Shot the base build so you can roll back the installation should the need arise.

These instructions are based upon the instructions at the Plainblack website:

http://www.plainblack.com/installing_webgui

For creating content, help on WebGUI content can be found at:

http://www.plainblack.com/?op=viewHelpIndex

http://www.plainblack.com/?op=viewHelpTOC

Install various packages required by WebGUI:

yum install perl-XML-Simple
yum install ghostscript-fonts
yum install ImageMagick ImageMagick-devel ImageMagick-perl
yum install libapreq2 libapreq2-devel
yum install perl-libapreq2

There are some additional perl modules to be installed:

perl -MCPAN -eshell
install Cache::Cache
install Devel::Symdump
install Pod::Coverage
install HTML::Parser
install Archive::Zip
install Tie::IxHash
install Tie::CPHash
install Class::Singleton
install Module::Build
install Params::Validate
install DateTime::TimeZone
install DateTime::Locale
install DateTime::Format::Strptime
install DateTime::Cron::Simple
install DateTime
install Time::HiRes
install IO::Stringy
install Mail::Field
install Mail::Header
install Mail::Internet
install MIME::Parser
install SOAP::Lite
install Log::Log4perl
install Net::LDAP
install HTML::Highlight
install HTML::TagFilter
install HTML::Template
install Parse::RecDescent
install HTML::Template::Expr (optional)
#install Template (optional)no
install Parse::PlainConfig
install XML::RSSLite
install JSON
install HTML::TableExtract
install Finance::Quote
install Pod::Escapes
install Pod::Simple
install Clone
install Test::Pod
install Data::Structure::Util

Obtain the latest WebGUI installation:

cd /usr/src
wget http://www.plainblack.com/downloads/6.x.x/webgui-6.8.8-gamma.tar.gz

WebGUI Installation:

tar -zxvf webgui-6.8.8-gamma.tar.gz
mkdir /data
mv WebGUI /data/
touch /data/webgui.log

chown apache /data/webgui.log
crontab -e
   0 * * * * cd /data/WebGUI/sbin/; perl runHourly.pl >/dev/null 2>/dev/null
mkdir  -p /data/domains/oneunified.net/docs/public
cd /data/domains/oneunified.net/docs
mkdir logs
cp /data/WebGUI/etc/WebGUI.conf.original /data/WebGUI/etc/docs.oneunified.net.conf
cp /data/WebGUI/etc/log.conf.original /data/WebGUI/etc/log.conf
cd public
cp -R /data/WebGUI/www/uploads ./
chown apache uploads
cd /data/WebGUI/etc
service mysqld start
mysql -e "create database docs_oneunified_net"

mysql -e "grant all privileges on docs_oneunified_net.* to webgui@localhost identified by 'webgui'"
mysql -e "flush privileges"
mysql -uwebgui -pwebgui docs_oneunified_net < /data/WebGUI/docs/create.sql

Edit the file /data/WebGUI/etc/docs.oneunified.net.conf:

sitename = docs.oneunified.net, oneunified.net
uploadsPath = /data/domains/oneunified.net/docs/public/uploads
passthruUrls => /icons
dsn = DBI:mysql:docs_oneunified_net
dbuser = webgui
dbpass = webgui
authMethods = WebGUI
logfile = /data/webgui.log

Edit the file /data/WebGUI/etc/log.conf:

log4perl.appender.mainlog.filename = /data/webgui.log

Changes need to be made to the /etc/httpd/conf/httpd.conf file. Just prior to <Directory "/var/www/html">, insert the following block of code:

#LoadModule apreq_module modules/mod_apreq2.so
#LoadModule perl_module modules/mod_perl.so
PerlSetVar WebguiRoot /data/WebGUI
PerlCleanupHandler Apache2::SizeLimit
PerlRequire /data/WebGUI/sbin/preload.perl
Alias /extras /data/WebGUI/www/extras
Alias /uploads /data/domains/oneunified.net/docs/public/uploads

Append to the end of the file the following lines:

<VirtualHost *:80>
        ServerName docs.oneunified.net
        ServerAlias oneunified.net
        DocumentRoot /data/domains/oneunified.net/docs/public
        SetHandler perl-script
        PerlInitHandler WebGUI
        PerlSetVar WebguiConfig docs.oneunified.net.conf
</VirtualHost>

Elsewhere in the file, update the line:

ServerName docs.oneunified.net:80

To finish up, check that all libraries have been installed:

cd /data/WebGUI/sbin/
perl testEnvironment.pl

You should get a final OK for everything.

Start the Web server:

service httpd start

You should get an appropriate OK result. If not, check the /var/log/httpd/error_log file to see what errors have occurred.

Set the services for auto-start:

chkconfig --level 345 httpd on
chkconfig --level 345 mysqld on

Once the web service is running, run 'ifconfig' to obtain the machines address. Bring up a web browser and go to that address. You should be able to log in. After logging in, put in the company name, url, and email address.

Internet Explorer insists on rendering .txt documents when it sees stuff in it that it thinks can be rendered. Hence, when clicking on the template in IE, you'll see junk. Right click on the resulting document and look at the source. That is the original source. Firefox resolves the file just fine--as in it doesn't do any rendering.

plainblack.template.txt

[/OpenSource/Fedora/WebGUI] permanent link

Blosxom Page BreadCrumbs

Today I added Rael Dornfest's BreadCrumb Blosxom Plugin. Works like a charm.

[/OpenSource/blosxom] permanent link

Blosxom Page_Titler

Today I added Evil Genius Chronicles' Page Tilter 0.2 to my site. There was one syntactical problem in the file: on line 18, 'my' needed to be added to the beginning of the variable declaration. Now it works like a charm.

[/OpenSource/blosxom] permanent link

Darvas Selections for 2007/01/26

I didn't post these soon enough to make the cut. But here is the list for the record. I'll be posting analysis over the weekend for this day and the previous.

Start: 2007-01-01 High: 2007-01-19 EOD: 2007-01-25 AA ADCT ASD CVG DNA EWH FDO FRX IACI ICOS JCI MAS MEL OI TRA

Start: 2007-01-01 High: 2007-01-22 EOD: 2007-01-25 ADCT ASD CAH CHL CX DNA EWH FRX GTI HTZ ITU JCI JPM KKD KMI MAS MBT MCO MIR NCR SLE TRA

[/Trading/Darvas/D200701] permanent link

Pocket Cable Test Ends

Here is the site that provides the SuperLooper line of pocket products. They have the pocket loopback/crossover/rollover adaptors for Ethernet/T1/Gigabit/ISDN cables and jacks. The Rollover is particularily handy and compact when used with a regular Ethernet cable, instead of having to carry a separate Cisco console cable.

[/Cisco] permanent link

Darvas Results at EOD 2007/01/25

Darvas style of trading is really a multiple day trading system. However, since I have to do some database manipulation in the background to track these over multiple days, we'll use these as candidates for day-trading: enter at the beginning of the day, and exit by the end of the day. The tables below show the OHLC (Open, High, Low, Close) values for each symbol selected from the previous day. The column total under Open shows the total invested per share.

The column 'O->H' shows the profit per share when entered at the Open and exited at the High. Your actual profit will be somewhere in that range if you can exit with a positive value.

The column 'O->C' shows the profit per share when entered at the Open and exited at the Close of the day.

In summary, if you enter on rising valuation, it is possible to profit for the day.

In comparison, The Dow Jones Industrial Index Opened at 12621, barely rose to 12622, had a low of 12487, and closed down for the day at 12502.

The Darvas calculations provide stop prices. I'll work that in on the multiple day scenarios in upcoming posts.

Start: 2007-01-01
High: 2007-01-18
EOD: 2007-01-24

Symbol	Open	High	Low	Close	O->H	O->C
ANF	80.89	81.48	79.19	79.56	0.59	-1.33
ASD	48.14	48.30	47.48	47.65	0.16	-0.49
BAX	48.63	49.98	48.63	49.61	1.35	0.98
BUD	51.41	51.56	51.06	51.07	0.15	-0.34
CMCSA	44.86	44.91	43.37	43.49	0.05	-1.37
CMCSK	43.78	43.91	42.55	42.64	0.13	-1.14
CTSH	83.74	83.90	82.89	83.32	0.16	-0.42
CX	35.75	35.92	34.27	34.41	0.17	-1.34
DNA	88.50	88.63	87.29	87.46	0.13	-1.04
EWH	16.70	16.70	16.32	16.33	0.00	-0.37
FDO	31.65	32.13	31.15	31.30	0.48	-0.35
FRX	55.34	56.54	55.04	56.09	1.20	0.75
IACI	39.00	39.13	38.00	38.16	0.13	-0.84
JCI	92.50	94.13	91.90	92.27	1.63	-0.23
JCP	82.45	82.81	81.52	81.87	0.36	-0.58
MER	96.93	97.21	94.41	95.22	0.28	-1.71
NWL	30.30	30.33	29.95	30.01	0.03	-0.29
NYB	16.48	16.59	16.32	16.33	0.11	-0.15
PHG	38.96	39.07	38.27	38.36	0.11	-0.60
TV	29.50	29.50	28.79	28.87	0.00	-0.63
TXT	92.38	94.39	91.96	93.15	2.01	0.77
WIN	14.63	14.74	14.37	14.42	0.11	-0.21
	1162.52				9.34	-10.93

Start: 2007-01-01
High: 2007-01-19
EOD: 2007-01-24

Symbol	Open	High	Low	Close	O->H	O->C
AA	32.00	32.04	31.32	31.47	0.04	-0.53
ADCT	15.76	15.97	15.60	15.69	0.21	-0.07
ASD	48.14	48.30	47.48	47.65	0.16	-0.49
CVG	26.27	26.27	25.38	25.48	0.00	-0.79
DNA	88.50	88.63	87.29	87.46	0.13	-1.04
EWH	16.70	16.70	16.32	16.33	0.00	-0.37
FDO	31.65	32.13	31.15	31.30	0.48	-0.35
FRX	55.34	56.54	55.04	56.09	1.20	0.75
IACI	39.00	39.13	38.00	38.16	0.13	-0.84
ICOS	33.71	33.99	33.71	33.97	0.28	0.26
JCI	92.50	94.13	91.90	92.27	1.63	-0.23
MAS	31.68	31.80	31.22	31.24	0.12	-0.44
MEL	43.89	43.89	43.47	43.48	0.00	-0.41
OI	22.09	22.34	21.99	22.06	0.25	-0.03
TRA	13.80	13.92	13.37	13.42	0.12	-0.38
	591.03				4.75	-4.96

[/Trading/Darvas/D200701] permanent link

Quick and Simple MultiCast

I worked with a customer who has a network with a server segment, a workstation segment, and a segment used for mass upgrades using Symantec's Ghost in MultiCast mode.

If multicasting is not turned on in a network, multicast packets will simply flood the whole network because the switches and routers have not been told how to deal with the packets, and they are forwarded by default.

For simple networks, Cisco recommends the following basic configuration:

conf t
ip multicast-routing
interface vlan xx
 ip pim sparse-dense
end

In this case, I needed to do coordinated multicast routing among segments, and I wanted to keep multicast packets away from a router that wouldn't be able to handle the load. For this instance, things needed to be fine tuned.

I referred to the following url's for assistance:

• http://www.cisco.com/en/US/customer/tech/tk828/technologies_tech_note09186a0080094821.shtml
• http://www.ciscotaccc.com/kaidara-advisor/iprout/showcase?case=K60449887
• http://www.ciscotaccc.com/kaidara-advisor/iprout/showcase?case=K18827501

This is the basic multicast config I put in place for a 3560 with ADVIPSERVICES:

ip routing
!
ip multicast-routing distributed

interface Loopback0
 description for RP/MA
 ip address 10.19.1.252 255.255.255.255
 ip pim sparse-mode
!

interface Vlan104
 ip address 10.10.4.253 255.255.255.0
 no ip unreachables
 ip pim sparse-mode
 standby 104 ip 10.10.4.254
 standby 104 priority 110
 standby 104 preempt
!

interface Vlan116
 ip address 10.10.19.253 255.255.252.0
 no ip unreachables
 ip pim sparse-mode
 standby 116 ip 10.10.19.254
 standby 116 priority 110
 standby 116 preempt
!

ip pim rp-address 10.19.1.252
ip pim send-rp-announce Loopback0 scope 1
ip pim send-rp-discovery Loopback0 scope 1
!

A few notes:

• A helper address on other segments points to the Ghost server
• for pim multicast interface with higher address is DR
• for hsrp, higher priority interface is DR
• therefore can make local traffic through router and
• . multicast traffic through switch for non-monitored traffic
• . don't mess with any of the standby configs or the vlan addresses

[/Cisco] permanent link

2007 Jan 24 - Wed

Darvas Selections for 2007/01/25

I've had some success trading Darvas selections in the past. With this post, I'll start to keep a log of how well one can do, and how one can maximize the profits from the selections.

The Darvas process needs four days for a signal to 'ripen'. Hence the selection of the 'High' day. The 'Start' day is the first day bar sent through the selection process. The 'EOD' is the last day sent through the process. EOD refers to the fact that today is the 24th, and I've taken the End Of Day data for today as the last bar sent throught the process. I've chosen two adjacent high days. You'll see that the signal varies depending upon how the instrument trades over four or more days.

If you trade with these symbols, I make no guarantees as to your success or failure, nor can I be held responsible for losses. For gains, well, all the better.

For the code I use, refer to my Nov 26, 2006 entry.

[/Trading/Darvas/D200701] permanent link

Trading Site of the Day -- WilyTrader: The Blood and Guts of Freedom

WilyTrader.com is the Trading Blog of an independent trader who's been doing it for just over a year. Basically, it is a daily diary of trades and the thought processes he went through for each.

There are a couple of interesting observations regarding his site. One is to look at the types of tools he uses. He has two types of personal diaries for recording his trades: one diary to record the technical aspects such as the symbol, entry, exit, and associated indicators and indexes used to perform the signalling.

He uses a second diary type to record the psychology of the trade such as whether he exited late or early, whether it was a good idea or not, and then ranks it as Good, Bad, or OK.

There are two additional sections in each entry. One provides an annotated chart of one or more of his trades, with the chart showing the symbol plus his various indicators.

The second section of each entry is a description of the thought processes and observations of what happened during the relevant phases of the trade.

Overall, WilyTrader is an interesting site for seeing how someone else performs setups, entries, and exits.

[/Trading/SiteOfTheDay/D200701] permanent link

Fedora Core 4 Base Build

I needed to install a base build of Fedora Core in order to install WebGUI. Here is the base build that I used (in VMWare). The WebGIU installation instructions will be in the next article. This installation makes use of the Logical Volume Manager (LVM) tools. These tools make it easier to expand partitions and to take snapshots.

This build process creates a basic VMWare session with Fedora Core 4. Familiarity with VMWare is assumed. A similar configuration can be used when installing on physical hardware.

To create a VM, start the VMWare wizard with File -> New -> Virtual Machine. Use a 'Custom' Virtual Machine Configuration.

Select Next and then for an 'Appropriate Configuration', choose custom, then click 'Next'.

For a 'Virtual Machine Format', use 'New - Workstation 5'.

When you need to select a Guest Operating System, there is no entry for Fedora, so in the radio button list, select 'Linux'. Then in the drop down box, select 'Other Linux 2.6.x kernel'.

In the next wizard window, provide a Virtual Machine name such as 'fc4base'. Select an appropriate directory.

For 'Processor Configuration', select 'One' processor.

Default memory usage of 256 MB should be fine.

For the 'Network Type', typically you'd use 'Bridged Networking'. During operating system installation and configuration, you can then assign a dedicated IP address or allow the network DHCP to assign it an IP address.

On the 'Specify Disk Capacity' wizard window, the 8GB default disk size should be fine. Leave 'Allocate all disk space now' as blank. Optionally, you can select the 'Split disk into 2 GB files'.

When you need to specify 'Disk File', give it a name such as hda which is similar to the Linux physical drive vernacular.

Click 'Finish' to finish the VM session creation.

Now that the VM session has been created, the operating system can now be installed.

For the VM properties, you can point the virtual CD-ROM to a physical drive or to an .iso file on your harddrive. In either case, make the Fedora Core 4 CD 1 available and start the VM session. It should boot from you CD or .iso file.

Install by using the graphical mode by pressing the <ENTER> key. The operating system will load up. You should get a screen confirming a CD was found. Press <TAB> to highlight 'Skip' and then press <ENTER>.

Review the 'Welcome to Fedora Core' page. When running this in VMWare, VMWare 'contains' your keyboard and mouse. To release them, press <CTRL>+<INS>. After installation, VMWare can be used to install vmware-tools to automate the release of the keyboard and mouse.

Click 'Next' to proceed with the installation.

Use English for the installation language.

Use U.S. English for the Keyboard Configuration

This will be a server based installation without the GUI interface.

The installation process begins by partitioning the drive, configuring LVM (Logical Volume Manager), assigning mount points, and beginning the installation process.

To get a feel for the installation process, select 'Manually Partition with Disk Druid' when you reach the 'Disk Partitioning Setup' window. This will initialize your drive, so say Yes and accept that it will 'Erase All Data'.

Except for a brief description to follow, the installation process documented here does not include procedures for building a RAID configuration.

The drive will be created with two basic partitions:

• 100MB bootable partition for the /boot mount point
• remainder of drive assigned to LVM for other mount points

On a physical server, these two partitions would be created across two physical drives using RAID 1.

For the primary partition, click 'New'. Select Mount Point of '/boot', File System Type of 'ext3', Fixed Size of 100 MB, and check the box to 'Force to be primary partition', and click 'OK' to save it.

For the LVM partition, click 'New', leave Mount Point unselected, choose File System Type of 'physical volume (LVM)', and choose 'Fill to maximum size', and click OK to save it.

To allow creation of mount points in the LVM volume, select the LVM button. Put in 'vg01' for the volume group name. Leave the Physical Extent as default.

Click Add to add several mount points:

• no mount point, file system = swap, name = lvSwap, size = 500MB
• mount point = '/', file system = ext3, name = lvBase, size = 2000MB
• mount point = '/var', file system = ext3, name = lvVar, size = 1000MB

Click Ok to finish Logical Volume creation.  You should see a configuration similar to the following:

Once the drive is configured, save the settings and move on to the Grub boot loader screen. Accept the defaults. At some point in time, it may be useful to know that the basic operating installation mount point of / is found at /dev/vg01/lvBase.

On the network settings screen, there are a number of necessary settings. For each interface found during boot-up, there is an entry you can edit. There are three ways you can set each interface:

• Allow a DHCP address to be assigned by default (typically for workstations or for servers that will be moved around)
• Manually assign an ip address (typically for servers in a server segment). When manually assigning an ip address, you'll need to provide Gateway and one or more DNS server addresses.
• Do not assign an ip address (recommeded for ports to be used as network scanners like Tcpdump or Ethereal, or for intrusion detection ports used with Snort.) This type of configuration is not allowed from the GUI and will need to be performed later at the command line.

You will need to supply Hostname manually.

After saving the network configuration settings, there are some changes on the firewall screen.

Leave the firewall enabled. Allow the SSH and HTTP services. Deactivate SELinux (for a public server, you may with to turn this on, but for internal use, I typically turn it off or set it to Warn).

Save the settings.

After selecting an appropriate TimeZone and providing a root password, you end up at the Package Group Selection screen. There are some changes to be made:

• Text-based Internet:
• enable lynx
• disable slm
• disable cadaver
• Disable all Server Configuration Tools
• Web Server:
• disable httpd-manual
• enable php-mysql
• enable php-pgsql
• disable squid
• disable tux
• Windows File Server
• disable system-config-samba
• Enable PostgreSQL Database
• disable unixODBC
• Enable MySQL Database
• disable myODBC
• enable php-mysql
• disable unixODBC
• Enable Development Tools
• disable doxygen
• enable expect
• disable gcc-gfortran
• disable rcs
• Disable Administration tools
• System Tools:
• disable bluez-pin
• enable iptraf
• enable lslk
• enable mc
• enable net-snmp-tools
• enable sysstat
• Disable Printing Support

After enabling and disabling the appropriate packages, you can proceed with the install.

After the installation has completed and the session has restarted, you can login.

Use the command ifconfig to find out the machine address if you've used DHCP to assign a dynamic address.

[root@docfc4base network-scripts]# ifconfig eth0
          eth0 Link encap:Ethernet  HWaddr 00:0C:29:0A:46:F2
          inet addr:192.168.59.133  Bcast:192.168.59.255  Mask:255.255.255.0
          inet6 addr: fe80::20c:29ff:fe0a:46f2/64 Scope:Link
          UP BROADCAST RUNNING MULTICAST  MTU:1500  Metric:1
          RX packets:26477 errors:0 dropped:0 overruns:0 frame:0
          TX packets:336 errors:0 dropped:0 overruns:0 carrier:0
          collisions:0 txqueuelen:1000
          RX bytes:1675075 (1.5 MiB)  TX bytes:34722 (33.9 KiB)
          Interrupt:10 Base address:0x1400

[root@docfc4base network-scripts]#

If you need to change network settings, the settings can be found in the file /etc/sysconfig/network-scripts/ifcfg-eth0.

You can restart the interface by:

ifdown eth0
ifup eth0

Once the installation is complete, bring the system up-to-date:

yum update
rpm --import /usr/share/rhn/RPM-GPG-KEY

Install additional tools:

yum install ncftp ntp

Basic Perl Configuration. For a first time installation, accept all defaults. For choosing a repository, choose close and fast. For example, for where I'm at, I use North America with Duke. If you know of a faster one, then by all means, use it. http://cpan.belfry.net/ seems to be a good one.

perl -MCPAN -eshell
install PAR::Dist
install Compress::Zlib
install IO::Zlib
install Test::More
install Spiffy
install Test::Base
install Digest::SHA::PurePerl
install Bundle::CPAN
reload cpan
install Error
install Digest::SHA1
install Digest::MD5
install DBI

If you choose a download site that doesn't work very well, use the following command and restart the perl configuration.

rm -rf /usr/lib/perl5/5.8.6/CPAN/Config.pm

Perform general configuration install generic utilities. Some examples include:

• configuring NTP
• change the default editor
• nano /root/.bashrc
• export EDITOR=nano
• source .bashrc
• installing your .ssh key

scp -r .ssh root@192.168.59.133:/root

Finally, if you are using VMWare, make a snapshot of the base build so it can be used as a basis for other servers, and can be rolled back when necessary.

From the command line, you can do so by:

shutdown -h now

Immediately after an installation, if you wish to 'locate' files, perform a:

updatedb

This normally runs at midnight, but you can run it manually. Now to locate a file on the drive, you can use the locate command with some portion of the file name to find the file and the directory in which it resides.

If you happened to install in GUI mode, and you want to stop the GUI to reduce processor overhead, use:

init 3

To start the GUI again:

init 5

To find the current version of kernel:

uname -a

To install a new kernel:

yum install kernel.i686
yum install kernel-devel.i686

[/OpenSource/Fedora] permanent link

Installing NTOP: Network Traffic Probe Showing Network Usage

NTOP is a very good tool for monitoring the various traffic flows that make up an overall packet stream. It functions in two modes, simultaneously if you'd like: netflow mode, and sniffing mode.

In Netflow mode, routers forward their flow statistics through netflow summary packets to Ntop. Ntop will use those packets to generate its summaries. If a router capable of producing Netflow statistics is not available or is not appropriately placed in the network, then a secondary port on the server on which Ntop is installed can be used to sniiff aggregated traffic. Ntop will then calculate its summaries based upon the traffic it actually sees. For complicated scenarios, Ntop has the ability to monitor multiple netflow agents and multiple traffic sniffers simultaneously.

NTOP is almost runnable out of the package. A few items to do first though.

Installation

Install the package:

apt-get install ntop

You'll need to run it once from the command line first. When asked, key in the password. You can then kill it and start it as a service:

/etc/init.d/ntop start

You can then browse to it through port 3000. Once started, enter the configure menu, supply username of admin and the password. Set:

Basic:  run as daemon, 172.20.0.0/20 for local subnet (or similar)
Display:  mesu for ip only
IP Pref: v4 only
Advanced:  Don't trust mac, 

After purchasing and downloading the unix source for nProbe, I had a few build issues. Here is what I can recollect on what I did:

• apt-get install automake1.7
• apt-get remove automake1.4
• ./autogen.sh
• ./configure
• make

A user doc for the related nBox is found at http://www.ntop.org/UsersGuide.pdf

A paper on nProbe can be found at http://www.sane.nl/sane2006/program/final-papers/R3.pdf.

A closely related presentation can be found at http://luca.ntop.org/SANE-2006.pdf.

Sample command line: ./nprobe -n 127.0.0.1:9966 -i eth1 -V 9 -T "%IN_BYTES %IN_PKTS %PROTOCOL %SRC_TOS %TCP_FLAGS %L4_SRC_PORT %IPV4_SRC_ADDR %L4_DST_PORT %IPV4_DST_ADDR %OUT_BYTES %OUT_PKTS %ICMP_TYPE %IN_SRC_MAC %OUT_DST_MAC %SRC_VLAN %DST_VLAN %DIRECTION %IN_DST_MAC %OUT_SRC_MAC %NW_LATENCY_SEC %NW_LATENCY_USEC %APPL_LATENCY_SEC %APPL_LATENCY_USEC %IN_PAYLOAD %OUT_PAYLOAD %ICMP_FLAGS %RTP_FIRST_SSRC %RTP_FIRST_TS %RTP_LAST_SSRC %RTP_LAST_TS %RTP_IN_JITTER %RTP_OUT_JITTER %RTP_OUT_JITTER %RTP_IN_PKT_LOST %RTP_OUT_PKT_LOST %RTP_OUT_PAYLOAD_TYPE %RTP_IN_MAX_DELTA %RTP_OUT_MAX_DELTA"

An RTP based command line example:  ./nprobe -n 127.0.0.1:9966 -i eth1 -V 9 -T "%IN_BYTES %IN_PKTS %PROTOCOL %SRC_TOS %DST_TOS %L4_SRC_PORT %IPV4_SRC_ADDR %L4_DST_PORT %IPV4_DST_ADDR %SRC_VLAN %DST_VLAN %NW_LATENCY_SEC %NW_LATENCY_USEC %APPL_LATENCY_SEC %APPL_LATENCY_USEC %RTP_FIRST_SSRC %RTP_FIRST_TS %RTP_LAST_SSRC %RTP_LAST_TS %RTP_IN_JITTER %RTP_OUT_JITTER %RTP_OUT_JITTER %RTP_IN_PKT_LOST %RTP_OUT_PKT_LOST %RTP_OUT_PAYLOAD_TYPE %RTP_IN_MAX_DELTA %RTP_OUT_MAX_DELTA"

[/OpenSource/Debian/Monitoring] permanent link

2007 Jan 23 - Tue

Trading Site of the Day -- Linda Bradford Raschke: Education, Lots Of It
Linda Bradford Raschke is a very well known trader and educator. Her and her group, LBR Group, have an excellent, informative site useful for new traders as well as experienced traders. The site has copies of many of her articles as they appear in respected magazines. There are market commentaries and how -to guides. There are many additional resources available once you sign her guest book. There is also a paid-content section. Based upon what I've seen far, is probably very well worth the cost of admission. Even the FAQ has useful trading information.

I found a couple interesting articles on Linda Bradford Raschke's site regarding scalping. One was a one paragragh summary mentioning TICK and TIKI. Mention is also made of how making use of multiple indexes can help determine market direction and related trading strategies.

Another, more useful, scalping article I found on the web site was one by Kevin Ho entitled "Scalp Trading Methods". The article is only four pages in length but offers up six trading patterns for trading during periods of high volatility. One of the trade patterns is Linda Bradford Raschke ANTI pattern using a stochastic indicator along with moving average.

[/Trading/SiteOfTheDay/D200701] permanent link

2007 Jan 22 - Mon

Trading Site of the Day -- Pivot Points

Daily Pivot Points are used by floor traders as easy to remember levels of support and resistance for intraday trading. The basic calculation for the current day's pivot points are based upon the previous day's High, Low, and Close. Here is a link to a good Pivot Point Calculator.

To help become familiar with Pivot Points, there are a couple of helpful Pivot Point articles on Investopedia:

• Gauging The Strength Of A Market Move
• Using Pivot Points for Predictions

[/Trading/SiteOfTheDay/D200701] permanent link

SmartQuant QuantDeveloper & DataCenter Release

For some meaningless trivia, the current release happens to fall on the same numerical day of the month as the release last month.

SmartQuant has released revisions to DataCenter and QuantDeveloper. They are at the following revision levels:

DataCenter
Version 2.1.6 (22-Jan-2007) 

QuantDeveloper Enterprise Edition
Version 2.3.4 (22-Jan-2007) 

[/Trading/SmartQuant/Releases] permanent link

2007 Jan 21 - Sun

Trading Site of the Day -- Elite Trader: Opinions, Facts and Heresy

Elite Trader is predominately a forum based site. It caters to traders of all types, where type may be newbie/experienced, forex/equity/commodity, day-trader/swing-trader, to name but a few combinations.

The forums include coverage for a variety of topics. Here are but a few: Trading, Stocks, Wall Street News, Economics, Trading Journals, Psychology, Order Execution, Automated Trading, Technical Analysis, Retail Firms, Prop Firms, Software, Educational Resources, Futures (many categories here), Currency, Options, and Politics.

In addition to the forums, the following are rated, reviewed and commented upon, pretty much on a daily basis: books, brokers, and software.

There is also an ability to chat in realtime. There are quite a number of interesting Chat Room Transcripts.

Forum search is comprehensive but could use some improvement from a user-usability perspective. Even so, I do find myself getting side tracked on to other threads, finding useful pieces of information in most every forum I visit.

In a nutshell, even though there are the usual cranks and heretics, the site is rich in content. I do visit the site regularily for the knowledge as well as the laughs. And talking about humour, hidden away in there somewhere is a decent compendium of trading and related and not so related jokes.

[/Trading/SiteOfTheDay/D200701] permanent link

IQFeed Level II Order Book

DTN IQ has a Level II feed for NASDAQ. I wouldn't classify it as a complete Open Book type of feed. Interactive Brokers has something a bit better in that regard. The draw back with Interactive Brokers Level II Feed is that they will only provide a maximum of three instuments simultaneously. They do provide Level II for NASDAQ as well as for NYSE.

Anyway, back to IQFeed. They provide a type of LevelII for NASDAQ, but nothing similar for NYSE. And as mentioned before, it is not a full OpenBoook. Instead, they supply the best inside price provided from each Market Maker.

I've provided a sample LevelIIOrderBook.cs module to show how to process IQFeed's Level II stream.

I use that code in the demo ticker program I mention in my post at IQFeed Provider for SmartQuant. If there are non-SmartQuant users interested in trying this utility, I'll look at licensing the dll's into the distibution.

There is an interesting Elite Trader chat room capture from a while back as it relates to scalping, program trading, and how to make use of Level II type data. I'm not sure if the strategies still hold, but there were some ways mentioned that could be used to beat some of the automatons on the small scalps.

I'm realizing that for we mere mortals, we'll have to work with slightly larger ranges, but with some sort of decent short term predictor and good money management, it should still be realizeable goal.

The chat was sponsored by Genesis Securities, who have a data/trading interface in QuantDeveloper.

[/Trading/SmartQuant/Articles] permanent link

2007 Jan 18 - Thu

Stolen Articles

Before I moved to Bermuda, I was staying with a fellow named Van Hughes in Charlotte, North Carolina. I was between jobs. I got introduced to Van through a fellow who hired me for a contract in St. Thomas. I spent a number of months with Van helping with some wireless opportunities as well as some voice over ip opportunities.

To help with the cash flow, I was able to land contract work in Bermuda. I spent some time in Bermuda. That work turned into a full time position. While in Bermuda, I left a bunch of possessions with Van.

Something happened, and communications got few and far between. I should have picked up a bunch of my stuff, and packed it off. But silly me, I left it with him for a bit longer.

That bit longer ended with a complete drop in communications with the fellow. Now I can't find him.

I'm offering a $2500 reward to anyone who can assist with the return of my property. Partial return of property results in partial reward. For further information, interested parties can contact me at loststuff@oneunified.net.

Here are things I'd like recovered:

• 1998 Black Dodge Dakota Club Cab 4x4 with Cap, Ontario License ZF6 507, VIN 1B7GG22YXWS688773. I've filed a report with the Charlotte Mecklenburg Police Department.
• Equipment at Level 3 collocation facility south of airport: 11 1U servers, 1 2U server, Cisco 3662, 2x24 port Cisco switches (Dan at At-Net.net may help with this)
• Fluke NetTool, Fluke DSP 4000 Tester with Fiber accessories
• Other Cisco gear: 2621, 2611, 6 7960 phones, 2 7940 phones, 2 7912 phones
• A number of tower computers
• Assorted software: CorelDraw, Adobe PhotoPaint, ...
• 2,000,000 shares in ECTA.PK
• Some personal possessions including clothing, books, etc.

Some of the equipment was stored at the old Radio station at the corner of 137 S. Kings Drive in Charlotte.

He has/had a telephone number of 704 576 5335. He may respond to an email address of vanhughes@xpdn.com, vanhughes@comcast.net, vanhughes@hotmail.com, or rehughes@lycos.com. His girlfriend, Lisa, has/had a phone number of 704 650 0894. He has/had a Ford Silver/Grey Expedition truck with South Carolina license plate 768 NKD. His parents live on/own the golf-course just outside of Selma, Alabama. He has a company called Commerce Capital Group LLC with Wachovia Bank, Birmingham, with account number 68850215.

One person who may know of his whereabouts:

Dan Dunkin:  
IP Phone:    704.831.2507
IP Fax:      704.831.2511
Email:       dan.dunkin@at-net.net

Also Mike, an accountant, in the building adjacent to 137. South Kings Drive may know how to contact Van.

I don't have the time to put in a full scale search for this fellow. So I'm willing to pay someone a finders fee to get my stuff returned.

Thank you to anyone who can help.

[/Personal/Bermuda/Personal] permanent link

Trading Site of the Day -- Trading Education: Pearls of Wisdom, Knuggets of Knowledge

Back on 2006/12/21, I wrote about using range bars as part of an indicator set for tracking market movements. In a tutorial at Trading Education, I came across an article by Brett Steenbarger called Fundamentals of Short-Term Trading: Part I. Steenbarger recommends using what he calls Equivalent Bars, with each bar representing approximately the same number of contracts. Using this type of bar, one would hold contracts for a duration of Equivalent Bars, which he says is helpful for risk control.

In that same article, Steenbarger also writes about Scalping. Scalping is a topic I'm interested in learning more about, particularily the risk management side, of when to get in and when to get out, and what type of instruments are good for scalping.

Anyway, he talks about using the NYSE Composite TICK indicator around the -750 mark along with an idea of volume as a basis for getting into a trade. I've read other authors use the TICK at 1000 and -1000 as useful indicators of when to reverse the market.

I suppose you could classify the TICK as an example of using inter-market analysis to help define trading setups.

Richard W. Arms, Jr., in his book The Arms Index, talks about an indicator he created called the TRIN. He suggests using TRIN, along with market averages and the TICK to define good entry and exit points. In Chapter 2, he shows how to use an XY chart of TRIN and the DOW Index to show significant intraday movements. He also provides some ideas on how to interpret and make use of these movements.

Anyway, I've digressed. You'll find a bunch more interesting ideas in Steenbarger's article, and you'll find more of his articles at his site.

As for the Trading Education web site, my main link takes you to their main resources page. Their content is updated on a daily basis with market commentary, trading techniques, and some general news regarding Business, Earnings, and Energy. The RSS feed helps get around a bunch of advertisements to the meaty regular articles.

You can sign up for their regular newsletter called Synergistic Trading. As regular contributors, they have well known luminaries such as Robert W. Colby, Jim Wyckoff, and Dr. Van Tharp.

Contributors have a number of personal blogs. Most have daily updates on market conditions and trading strategies.

[/Trading/SiteOfTheDay/D200701] permanent link

2007 Jan 17 - Wed

Trading Site of the Day -- Trader Daily: Ego, Psychology, and Incentive

In much of the literature, the topic of trading psychology is heavily talked about. How to improve one's self as a trader is one common subtopic. Analysing Market Psychology is another side of the same coin.

Trading, for some, is hard work. For others, a very competitive game. By mastering the game, personal success is assured.

The incentives for mastering the game are reviewed monthly in the Trader's Monthly Magazine. It has a web based companion site called Trader Daily. In a nutshell, it is all about wine, women, and song. Well, for the women in the audience, wine, men, and song. It is light on how to trade, and heavy on what to do with the rewards of trading.

The last few quarters have seen brokerage and trading firms make astronomical profits, all thanks to their traders. The lifestyles of the rich and infamous are reflected in the pages and forums of the web site.

In brief, major content headings of the web site include Magazine, Careers, Forums, Events, Classifieds, Columnists, and Diversions. In short, the web site takes a look at the lighter, livelier side of the trading personae. It helps to keep the goal firmly in mind of what trading is all about.

[/Trading/SiteOfTheDay/D200701] permanent link

2007 Jan 16 - Tue

Trading Site of the Day -- EconoDay: Economic Indicators

Today I'm starting a new series, a series that will help me, and hopefully you as a reader, to learn of new sources of trading information scattered about the web. I'll look at big popular sites as well as smaller niche sites. Whatever strikes my fancy for the day.

The site I'll start with today is EconoDay. The primary feature in which I'm interested at EconoDay is their Economic Outlook Calendar. When opening that web page, it automatically redirects you to a one week calendar listing the current Economic Events for the US. Each brief entry in the calendar contains the indicator's name as well as the time the Economic Indicator is to be released. For many upcoming significant events, they offer a 'Consensus' value of what analysts predict the value will be upon release. For past events, a 'Report' is provided of what the actual released value was.

Each entry is a URL linked to a descriptive web page which provides information such as the following:

• The release schedule (for recurring events, the day of the year it is released)
• A Definition
• Why Do Investors Care? (where background is presented of market impact)

As an example of it's coverage, today it covered the Empire State Mfg Survey which had a consensus of 20 and an actual value of 9.1; it had a Bank of Canada Announcement which was unchanged at 4.25%; and coverage of the 4-Week Bill, 3-Month Bill and 6-Month Bill Auctions.

For tomorrow, January 17, the significant Economic Indicators appear to be PPI (Producer Price Index) with a Consensus Month to Month change of 0.5%; the Industrial Production indicator with a Consensus Month to Month change of 0.1%; and the NAHB-WF (National Association of Home Builders) Housing Market Index.

I seem to recall that the Housing Market Index can be a significant market moving indicator. We'll see what happens tomorrow.

Well, on that last point, I stand corrected. I took a look at Bernard Baumohl's book "The Secrets of Economic Indicators". On page 187 he writes that it '... has a proven track record of being a decent leading indicator of future home sales'. But for various and sundry reasons, it doesn't have significant market impact in and of itself.

If you are interested in more details on what Economic Indicators are, how they work, how they affect and are affected by the economy, which are popular and which are not, and how they are sourced and composed, Baumohl's book would be a good one to pick up. In a little over 350 pages, most, if not all of the relevant indicators are covered through sections such as: Market Sensitivity, sources on the internet, release schedule, why it is important, how it is computed, how to use it for crystal balling the economy, and how it might impact various markets such as Bonds, Stocks, and Currencies.

A companion book to Baumohl's book might be Richard Yamarone's book called 'The Traders Guide to Key Economic Indicators'. It is a shorter book at just over 260 pages and with slightly larger print. It covers fewer indicators by focussing slighlty more on general topics. It does provide a better description of indicator inter-relationships. As such, these descriptive interactions provide tactile food for thought for traders, and help a trader understand how a market may move because of the them.

Chapters in the book include:

• Gross Domestic Product
• Indicies of Leading, Lagging, and Coincident Indicators
• The Employment Situation
• Industrial Production and Capacity Utilization
• Institute for Supply Management Indicies
• Manufacturer's Shipments, Inventories, and Orders
• Manufacturing and Trade Inventories and Sales
• New Residential Construction
• Conference Board Consumer Confidence and University of Michigan Consumer Sentiment Indicies
• Advance Monthly Sales for Retail Trade and Food Services
• Personal Income and Outlays
• Consumer and Producer Price Indicies

Within each chapter, the authors follows a consistent outline. He'll start the discussion by describing what the indicator is and how it evolved. Next he'll explain the sources of the data. He'll then tie it all together with charts and text of the indicators in action. Each chapter ends with a section on how to use what you've learned, and a section on some 'Tricks from the Trenches'.

As you watch the markets on a day to day basis, some days are influenced by indicators, others by commodities, others by specific instruments, and others due to various random factors. For the days with news on significant Economic Indicators, the information from these two books as well as the EconoDay web site will help you get a feel for the trend for the day's trading. And as a number of indicators stack up, a good feeling for the economy will help in trading the longer term trends.

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