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Strategies & Market Trends : today's chart

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To: MechanicalMethod who wrote (1229)10/23/1998 3:18:00 PM
From: MechanicalMethod   of 1267
 
ADP

fwiw, the higher low on 10/9 also double bottomed on 10/16, somebody was trading it as range bound, buying that low. They're probably happy getting out at the 8.25 top of the range, although it could start trending somewhere. I'm interested in identifying solid rules to determine when that sort of thing changes. .

Quote just jumped to a 1.12 spread :) bid 7.50 x ask 8.62. You may discount what I said about a .37 spread, it's a glitch here.

Both 10/9 and 10/16 were Fridays, hmmmn :)

Osci
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