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To: ViperChick Secret Agent 006.9 who wrote (10071)12/3/1997 12:55:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 17305
 
Interestingly, I just converted yesterday's OEX numbers into the formula and got much closer to Nemer's with,

R2 470.08

R1 468.12

P 466.52

S1 464.56

S2 462.96

I was wondering why what I thought was his pivot was the same as the close, as well as being the only number that had digits right of the decimal.

Of further interest, to me anyway, is that so far the OEX high has been 467.21 (right after the SP7Z high, of course) just below the SP7Z converted pivot but above the OEX generated pivot. The low so far is 462.85 just above the SP7Z converted S2 but below the OEX generated S2.

The conversion presumes the OEX is driven by, or at least moves in tandem with SP7Z. Divide the SP7Z points by 2.089xxxxx whatever.