I was doing some training at the CBOE (back when the pits were full of people) one of the market makers remarked about how he could tell how the market was doing just by the pitch of the crowd.
Recently I watched a movie about Beach Boys’ Brian Wilson making the album Pet Sounds.
We are always experimenting with different ways of analyzing data and came across this interesting concept that reminded me of Pet Sounds and my friends comment about market pitches.
The idea is a pretty basic and could be more complex to include volume, crescendo, daily tick data etc. Nonetheless it is fun.