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Strategies & Market Trends : Tech Stock Options

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To: Kevin who wrote (30694)12/9/1997 11:26:00 AM
From: ViperChick Secret Agent 006.9  Read Replies (3) of 58727
 
oh...let's analyze this for a minute

<I DID!!! You know I use a buffer. .50 points below both breaks is exactly what I
waited for once we went back into the neutral zone>

978.26 is the break
it is below that

you didnt buy but you are still in the signal

you wont buy again until it goes back up to the neutral zone

the neutral zone then should become 978.76 for the SPX and it must get above that before it is neutral? then it must get back to 977.76 to buy again.

this would follow the parameters of a buffer with the directional movement...

edit:

doesnt the neutral zone never really happen anyway until you get in between the first support and the pivot?
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