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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.930.0%Nov 14 4:00 PM EST

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To: HairBall who wrote (9588)4/1/1999 1:38:00 AM
From: Gersh Avery   of 99985
 
Hi LG

Happy first April fools day (14 days to the second)

data for the AM

You know .. it's real nice, this large fork. It is the one
first suggested long ago by don and still seems to contain
the market very well.

rough OEX equivalents:
Large fork tines:
Upper : 1312.33 (25.96) 659.64 (13.05)
Mid : 1247.39 (-38.98) 627 (-19.59)
Lower : 1189.28 (-97.09) 597.79 (-48.8)

Small fork tines:
Upper : 1315.62 (29.25) 661.29 (14.7)
Mid : 1269.54 (-16.83) 638.13 (-8.46)
Lower : 1223.46 (-62.91) 614.97 (-31.62)

Globex opening trigger values:
Buy trigger : 549 (1298.79)
Sell trigger : 119 (1294.49)

Prem values for the day:
buy trigger 12.42
fair value 10.22
sell trigger 8.12

Gersh
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