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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: ViperChick Secret Agent 006.9 who wrote (30859)	12/10/1997 3:23:00 PM
From: Esteban	Respond to of 58727

Lisa, I think .30 may be valuable as a day to day indicator rather than an indicator you watch intraday on a regular basis to look for small market turns. I haven't looked at day to day at all yet. For help in better timing one's entries and exits, .2 seemed to come into play often enough to be useful. Since I only have 4 weeks of intraday data I couldn't make any judgement about whether .3 is more reliable or tends to mark important turns because it rarely occurred between 10 and 4 in combination with a price move. Esteban