SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : A.I.M Users Group Bulletin Board

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Linda Kaplan who wrote (3702)12/29/1997 8:13:00 AM
From: OldAIMGuy  Read Replies (2) of 18928
 
Hi Linda, It's probably best to start with an example from the list:

symb. rec. price low low delta high delta apx

IDTI 9 5/16 9 + 3.47% -39.92% 37

Since IDTI is a familiar stock, we'll use it. Charlie didn't include
the 52 week high, but as the list shows, IDTI is almost 40% off its
recent high. It's up only 3+% from its low. By combining the two
values (subtract the High Delta from the Low Delta) we get the
difference. (sign changes because of subtraction)

A large positive indicates that the stock is far from its high, but
very close to its low. This list is most useful when examining a
sector that's already been bashed, I think. Since the tech sector that
these stocks are in has been out of favor for some time, the values
have real significance.

At another time in the market, it might be useful to examine the same
study and see if one could identify laggards in the sector. It's
always more risky to invest in stocks that arrive late to the party,
but still might prove interesting.

Hope this helps,
Tom
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext