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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sal D who wrote (1566)3/9/1998 11:42:00 AM
From: wizzards wine  Read Replies (1) of 29382
 
Hi Joe, Nice review of P&F. One important addition. One looks not at the closing price but if you in X's the high price for the day in whole numbers ei 25,26,26 a high price of 25 7/8 would not move the X higher to the 26 position.

If your in a column of O's the converse is true, one looks at the low price trade for the day, again in whole numbers. A 25 1/8 would not move the stock down to 24 yet.

Hope that helps a little.
Preston
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