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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Richard Estes who wrote (4029)	9/15/1999 7:59:00 PM
From: OZ	Read Replies (1) \| Respond to of 18137

Excellent post Richard, Eric, I think you should add It and the other 2 referenced post to the summary if they are not there already. Maybe under FINDING/TRADING VOLATILITY or the like. OZ

To: Richard Estes who wrote (4029)	9/23/1999 12:05:00 AM
From: Dan Clark	Read Replies (2) \| Respond to of 18137

Richard, I like your ideas. However, in looking carefully at your equation, ATR(89)/89 day MA of close >6.38, I find that I'm a little baffled. I computed this for MSFT and got: ATR(89) = 1 23/85 89 day MA of close = 87 1/2 Both of these numbers seem correct. However, ATR(89)/89 day MA of close = (1 23/85) / (87 1/2) = .01452 Based on this logic, you would have to have an ATR(89) of say 130 and an average close of 20 to get something like 6.38. That's not possible. Did I mis-read this? Is there a typo? Regards, Dan.