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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Spartex who wrote (26406)4/1/1999 4:32:00 PM
From: Paul Fiondella  Read Replies (1) of 42771
 
Quad-K, I have a new quote system and thought I would share some info

This system breaks out the ticks by price, displays the price spread, and computes a ratio of above to below "key price".

So today for example it computed 25 3/8ths as the key price based apparently on that price having the largest number of ticks. For several hours we traded elsewhere but it kept that price as the key.

We finished at that key price, the price with the most ticks.
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