erstwhile,would you suggest to entirely focus on RMS Vol instead of StdDev Vol? I plotted the vols against each other. The differences aren't that great.

That's it. Thanks for the link!!!

Maybe you want to try "VBA for Dummies" which is a very easy and straight forward book to start with. I got me running when I started programming in VBA a couple of years ago. Cheers Moritz

If you are long SciFi and Thrillers, here you go. These are must reads written by Dan Brown:The Da Vinci Code Deception PointAngels and DemonsDigital FortressRead these first before you start on something else. Believe me!

<r>It was more a reprocession plant than a nuclear power plant. Nothing Germany could have produced energy with. Germany can consider itself lucky to have the best educated politicians in the world <E>:-(</E> Some of these guys don't know shit and don't see the easiest economic issues we have here. ...

Think of it another way: If a stock were to have a negative beta over a long period of time, this company would probably go bankrupt as the long-term trend of the stock market tends to be positive.

I have also some invites left. Mail me if you need one.

<t>The smile or skew in implied vol adjusts (or at least tries to adjust) the log-normal BS Model to a non-log-normal real world. The distribution of returns in the real world does not fit the normal distribution assumption of the model (keywords: kurtosis and skew). Excessive negative returns are f...

Very welcome!

For further details regarding cointegration also check the works by Carol Alexander. You may want to look up pennoyer.net on the internet and check the cointegration forum here at wilmott.com, too.Moritz

<t>Hi.Maybe you want to try this VBA code.Function BoxMuller() As Double' Box-Muller transformation for quasi normally distributed random numbers' Use Rnd() if you don´t have anything more appropriate, such as' Faure, Sobol, Halton, or ... algorithms. Const TwoPi = 6.28318530717959 Static Status As ...

Hi.The most useful instructions and papers can be found on Carol Alexander's homepage (you need to provide some personal details, but it is worth it).www.pennoyer.net is also at good resource.