What is really being conveyed here is a single high-impact sample of the distribution of ADVT among the ETF-ETN’s. If we lined up the ETF-ETN’s on the x-axis, in descending order of ADVT, and plotted the cumulative ADVT on the y-axis, the “92-8″ rule is just a point on the curve. In fact, if we normalize both axes to range from 0 to 100%, then there is just one such point on every AVT-ETFN curve, and it is the point at which x+y=100.

This is all pretty obvious but I thought it worth mentioning anyway. Since the point is unique, no matter what we are dealing with, we can legitimately ask for the “crossing point” in lots of interesting situations. What is the crossing point of profits among US companies?

If you own DXO, then I recommend you sell it in the open market prior to September 9. You do not want to go through the redemption process because you do not know how long your money will be tied up.

Also see…
http://investwithanedge.com/dxo-becomes-first-victim-of-cftc-activity

Ron

Thanks