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Strategies & Market Trends : NetCurrents NTCS
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To: Teresa Lo who wrote (97)10/2/2000 11:22:22 AM
From: Digger Sacket  Read Replies (1) of 8925
 
All I know is that the spikes are indeed created by the execution of stop orders. These tend to be clustered around yesterday's high and low, the first hour's high and low and other important swing high and low "pivot points". I think the locals on the floor can easily see where they are...

Thanks. Guess if the locals can see 'em so can we. Just buy the lo and sell the hi.

Digger
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