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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

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Nov 17 4:00 PM EST

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To: Monty Lenard who wrote (21523)	7/30/1999 9:57:00 AM
From: James F. Hopkins	Read Replies (1) of 99985

Hi Monty; Live charts is down this morn, and I've gotten so use to them I just killed my day orders , I saw the gap up coming but have doubts it can hold. Several ways to do the price "last one traded" or amount of change for the day, the idea is to get percent of change but for that to be a relative factor based on the Volume of Dollars traded tied to a weighting of the stock, in other words it takes a weighted multiplier to produce actual percent change, and that multiplier is floating based on the last price x volume. I'm saying this to fast right now to make it clear , I have to wait until I'm not watching the market. I'm sure you have better skills in setting up a live feed and to produce a running chart & will get back ASAP. Jim

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