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To: Patrick Slevin who wrote (9089)10/22/1997 9:59:00 AM
From: Nemer  Read Replies (1) | Respond to of 17305
 
Pat:

---->How do you arrive at the data?

I'm lazy, too.
Ten years or so ago, I got tired from my pitiful programming efforts taking so long to accompolish anything. So I found a partner who could program anything and in twenty languages and FAST. I taught him about horse racing and stock markets and together we work.

The OEX figures come from some program he's written and runs on a mainframe. I know roughly how , but don't really care-----lazy comes into focus, again.....gggg The neural net program , when I change something as in a "what if" situation, has to run 35k permutations before it will respond with an answer and even then, my programming bud has a weird sense of humor and I'm liable to get a " gimme some more fore I can get this right " type of reply.

I won't go to the track without my figures and won't attempt a trade on the market wihout my figures and success has been more than an occasional passenger on my trips.

I apologize for not giving you the figures this morning instead of refering you to the other threads.
slight explanation of method of posting them----
....OEX (closing price yesterday 933.14)
918 support
925 support
929 support
/// trading range between support and resistance
936 resistance
941 resistance
947 resistance

Kevin (another poster on TSO) also posts his figures for SPX
for today he has --
support at 932.92...949.87...961.07..
.pivot point 966.82
resistance at...978.02...983.77...100.72

Kev also lists futures and bond points.
His figures are derived by some formula he has come up with and both of us are very intent in pursuing more knowledge to make trading easier.

Regards---Nemer