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Strategies & Market Trends : Tech Stock Options

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To: Kevin who wrote (21967)9/4/1997 1:58:00 PM
From: Tom Trader   of 58727
 
>>What's true range?

Sorry Kevin

Range = High-Low

True Range = High-Low after taking into account gaps in relation to prior close.

Does not occur often with the cash indexes but as you know I am testing how well the formulas work in relation to several markets where gaps are not uncommon.

Need to drop my car for servicing--so I'll check for your response on my return.
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