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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 684.45+0.1%Dec 4 4:00 PM EST

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To: Debra Orlow who wrote (5943)2/10/1999 9:39:00 PM
From: Gersh Avery  Read Replies (1) of 99985
 
Debra

"Our computers are set for program buying at +$6.86 and weighted for ARC, CHV, DD, HON, IBM, MMM, MRK and U; and set for program selling at -$2.24 and weighted for BAX, CPQ, HD, MOT, UNP, WMT, and WY. Our FairValue is $4.62."

was what you posted to me ..

Tonight I see :

"For Thursday, February 11, 1999

For Execution of Buy/Sell Programs
Our computers are set for program buying at $6.64 and weighted for CHV, DOW, and MRK; and set for program selling at $2.04 and weighted for AGN, BUD, GM, MDT, PPG, and TX.
Our FairValue is $4.42. "

From what I see, there is no "+" or "-" before any of the numbers. Nor were there when I quoted Camp here on 2/2 #reply-7621035 .

Between yesterday and today fair value fell 0.20. Buy trigger fell 0.22. Did the sell trigger raise by 0.20 or fall 0.20 just like the rest of the numbers?

I don't know where the "+" and "-" in your post to me came from, but they seem to have been misplaced.

Gersh

BTW Open triggers for Thursday

2/11 open Globex triggers:

buy programs 479 (1230.19) or higher
sell programs 19 (1225.59) or lower

Note that Globex could be unchanged at the open and trigger some program selling.
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