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Technology Stocks : Dell's Daytraders Decision Site
DELL 154.64-3.4%Nov 4 3:59 PM EST

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To: Warren Van who wrote (1020)11/21/1997 8:40:00 AM
From: Larry  Read Replies (2) of 1124
 
Warren,

On CNBC before the market opens, there is an indication of how the S&P futures are trading. (small "bug" in the right bottom corner of the screen) Depending on what is happening in the news, how markets around the world are trading, (watch this site: quote.yahoo.com, options expiring, and/or other forces which seem to influence the market, the index will be either up or down. There is a formula (which I don't know) based on this index which can be used to predict how many points the market will open up or down. (I just rely on the news commentators to work the formula and give the opening figures)

If anyone reading this knows how to work the formula, I'd be interested in seeing how it works.

Good Luck,
Larry
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