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Strategies & Market Trends : Tech Stock Options
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To: ViperChick Secret Agent 006.9 who wrote (44457)6/2/1998 6:33:00 PM
From: Electric  Read Replies (2) of 58727
 
Lisa,

I somtimes sit there and watch the ticker on CNBC only to see the PREM, I wonder if there is somthing on ETurd that I could track the PREM instead of watching on TV, but I am one that feels that PREM in the extremes is a 2 second indicator before somthing happens.. As an example, at the end the mkt was down 36 or so, lows of the day, and the prem was tight to under the cash.. then it started moving above cash, and the market almost instantly moved up 7 points.

I wonder if there is 2 or 3 things that a person could watch alone that would better tie down the movements? I do think PREM is a beauty of an indicator.. Especially if it is large in size, like the day that the market made up -100 in a matter of minutes..

Now that is the holy grail, it seems to be consistent too when i watch it for a period of time..
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