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Strategies & Market Trends : P&S and STO Death Blow's

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To: Jeffrey S. Lillie who wrote (19639)12/12/2002 5:45:50 PM
From: Jeffrey S. Lillie  Read Replies (1) of 30712
 
my what a snoozer this was. I felt a breakout in one direction was in the cards today. I didn't happen. Three inside days in a farking row. regarding the post about needing a good friday to save the week. lately fridays have been pretty much flat. They used to be very volitaile in sept and october. here are the percentage changes for the nasdaq over the last 14 fridays. the first number is last friday and works back in time. we need 22 nas points or 1.64% tomorrow for breakeven on week.

.82,-.60,.08,-.03,-1.25,2.33,2.50,1.26,4.05,-2.16,-1.84,.38,.92,3.54

the avg gain on these 14 fridays is .714% so we will need 2X+ the avg to hit Breakeven.

from the interesting but useless trivia dept
j
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