HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
A couple of thoughts....
1) a good professional always uses the tools available to him. I admit that, when available, I use PABS as a tool as it has proven to be a reliable estimate of future changes to each bond. I really like the notes as to potential next adjust when there is no release date.
2) I still look at other factors to try to determine which of the 3 options to use. (Hold, Reverse or Dump) such as recent changes.
3) Folks still should be able to start to do the math for future adjusts. KaiGee is a good way to learn. The recalculator is a great tool.
4) As much as I like the PABS, its lack of dROI fails to put anything into context. That is OK. I can deal with it. But a 10 point swing in 3 weeks is very different than a 10 point swing in 18 months. A 10 point swing for a Bond worth 15 is more meaningful than one worth 150. Having said that, there are other factors such as additional box office of currently in releas movies and the general rise of wide release movies as we get closer to release date. PABS is simply a snapshot of what things are today, if nothing changes. Of course, we all know that the only constant is change.
5) You know that I generally show math and encourage its use. That IS the only way to get a handle on what really happens in the bond market.
Hava a good holiday everyone.
Is there a PABS this week? Dude, I miss you! {nm} Dec 20, 17:05
AMEN! The guys does a GREAT job so I won't complain if he isn't and just say THANKS! Dec 20, 17:07
This comes under the heading of "teach a man to fish" vs giving him a fish....I suggest you consult KaiGee's chart... Dec 20, 17:09
Um... you're one to talk :)eeeeeeeeeee {nm} Dec 20, 17:35
I hate fishing. Never understood the appeal. Dec 20, 19:05
How is giving KaiGee's list to people "teaching a man to fish"? That's giving them the fish and saying "go fish some more". Dec 20, 22:43
A couple of thoughts.... Dec 21, 12:15
I don't know if you realized it, but my post above was a joke. I was just trying to make a lot of silly fish analogies. {nm} Dec 22, 05:23
