Daily Pairs Trading Signals as of 18-Mar-2010

Pairs	Price Behavior Correlation	Rank Correlation	Mean Ratio	Lower Bound Ratio	Current Ratio	Upper Bound Ratio
MEE/AA	0.17016	0.68813	2.5387	1.5482	3.6119	3.5293
ADBE/DIS	0.60592	0.66719	1.1774	1.0623	1.0583	1.2925
AFL/ALL	0.62144	0.71431	1.4759	1.2154	1.747	1.7363
PSA/ALL	0.60782	0.65682	2.6117	2.3289	2.9261	2.8944
LLTC/ALTR	0.69203	0.67075	1.3191	1.1329	1.1308	1.5053
BBBY/SPLS	0.58426	0.81739	1.6139	1.433	1.8552	1.7948
CLF/BTU	0.63829	0.87192	0.9153	0.62618	1.3419	1.2044
CAM/NBR	0.79895	0.78967	1.8286	1.6286	2.0926	2.0286
CLF/HAL	0.65413	0.82098	1.351	0.86974	2.0443	1.8323
CLF/STR	0.60836	0.84105	0.96271	0.5805	1.491	1.3449
CLF/WMB	0.62088	0.89659	1.9319	1.2494	2.8291	2.6145
CVX/COP	0.72318	0.64662	1.5184	1.4241	1.4183	1.6127
CSC/CSCO	0.60214	0.71973	2.2515	2.0823	2.0668	2.4207
PRU/CSC	0.65017	0.64581	0.93014	0.80691	1.0615	1.0534
CVX/CSCO	0.6125	0.64354	3.2056	2.8504	2.8383	3.5607
WEC/DUK	0.63934	0.80966	2.8633	2.6716	3.0778	3.055
EQT/SE	0.599	0.78924	2.1217	1.9475	1.9004	2.2959
FTI/NBR	0.75858	0.82502	2.5233	2.2226	3.0058	2.824
ITW/IFF	0.60856	0.73974	1.1438	1.046	1.039	1.2415
MEE/MOLX	0.059627	0.74102	1.7095	1.0351	2.4537	2.3838
MEE/NBR	0.17073	0.80468	1.6205	1.0689	2.5036	2.1721
PRU/NBR	0.58994	0.66997	2.359	1.9626	2.8013	2.7555
How to read this table
Red Current Ratio pirce means it is over upper bound; Green Current Ratio price means it is under lower bound;
Comments: I saw one comment in other blog today stating that the mean reversion theory has not been good recently,because the market has been in a trending period. I am luck I have not played pairs trading after X/AA pairs a few weeks ago. Here is the X/AA as of today, the last two days were good for the pair, but it is still in losing position.