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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: HairBall who wrote (16942)	10/25/1998 7:11:00 PM
From: Saulamanca	Read Replies (1) of 42787

LG: From Favor's website: What does "print" and "intraday" mean? Callers to the Short-Term Traders Hotline updates will hear Jerry use the terms "on a print basis" and "intraday" regularly. The following is an explanation of those terms: Print A print number is every number that the Dow trades at from the market's open until the close. Each time the Dow ticks up 5 points, down 100 points or remains briefly unchanged is a "print number". CNBC shows these numbers throughout the market day. If or when the Dow reaches the number mentioned in the hotline message, that is the "print" number. Intraday The intraday number is a theoretical number; you will never see the Dow actually trade at this number. Intraday numbers represent what the high or low would have been if all the Dow stocks hit their highs and lows for the day, at the same time. CNBC does not provide this number. Some nice brokerage firms do. Theoretical numbers are an important part of many market forecasting indicators. --Jim

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