Philosopher, Juris Doctor, surfer, trader, investor, musician, black belt, sailor, semi-centenarian. He lives on the mountain in Kona, Hawaii, with his family.
Cleaning the S&P Mini Hotel in Chicago, by James Sogi
Sep 8: The prices go up and down the hotel elevator like maids going up and down the same floors until the rooms are clean and they move on to the next level. One bar breaks through to a new 15 point range in a rush.
Counting the number of rooms, there seems to be about 22 rooms in each level of SP 500 Mini Hotel in Chicago, and it takes about 1/2 hour for maids to clean each room. this last couple of weeks. Survivorship stats should reveal significance of this count and how reliable the maids are.
Last Friday-Monday 23 rooms in penthouse level.. Tuesday - today, 23 rooms, 1/2 hour each room in deluxe level. Maids go down elevator to lower economy level. 23 rooms?
From a physics point of view under states of matter analogy, assuming fixed energy in market, the water will heat heat, heat, 22 minutes, then break through to gas in a fixed time given fixed energy. Or cool, cool, cool, then crack, it crystallizes into ice in a fixed time per given volume.
Jim Sogi, May 2005