Algokid

PAIR TRADE ( INDEPENDENT OIL & GAS)

NYSE:XCO   EXCO RESOURCES INC
247 8 1
CORRELATION : 82 %
CO - INTEGRATION : .84

LONG XCO             @ : 8.11
SHORT ECA             @ : 17.53
Nice setup. Thanks for posting these calls.
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http://www.catalystcorner.com/index.php?m=pair_tool&p=graph&t1=XCO&t2=ECA&datefrom=07/19/2011&dateto=01/19/2012&capital_employed=7000
Wish TradingView could implement a similar tool as this one. It's invaluable.
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admin PRO gatersaw
Please add feature request here: http://getsatisfaction.com/tradingview/
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We'll add support of the spread symbols in the future.
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excellent , please ignore my post , i should of here first. thank you. :)
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Hi gatersaw, very helpful link, thanks for sharing . Yeah would be great to have this here
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XCO might be in a buyout. The good thing is analysts are speculating a big appreciation soon. They say the recent weakness in XCO may be indicative of natural gas equities as a whole.
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Algokid PRO gatersaw
Thanks Gatersaw, I've been noticing a decrease in performance in this sector. I usually i close the pair trade in that sector in 8 days or so. Now the pair are open for a much long period of time. I will look into this. thanks again for the heads up :)
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