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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Eski who wrote (34453)	9/27/1999 9:17:00 PM
From: Jack of All Trades	Respond to of 44573

I'm looking for a drop, I held my puts that I bought this am after OEX crossed 680. Premeium got hammered today at the open on puts.

To: Eski who wrote (34453)	9/27/1999 10:10:00 PM
From: Jack of All Trades	Respond to of 44573

Eski, Looking over the past 1000 days with the following formula, I get six days where there is a pattern. 5/20/96 8/19/96 9/27/96 9/25/98 7/28/99 9/24/99 If Abs(Sym(i).Close - Sym(i).Open) < 0.25 * (Sym(i).Hi - Sym(i).Low) And Abs(Sym(i).Low - Sym(i).Close) > 0.65 * (Sym(i).Hi - Sym(i).Low) Then If Abs(Sym(i + 1).Close - Sym(i + 1).Open) < 0.25 * (Sym(i + 1).Hi - Sym(i + 1).Low) And Abs(Sym(i + 1).Hi - Sym(i + 1).Close) > 0.65 * (Sym(i + 1).Hi - Sym(i + 1).Low) Then