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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 (33715)1/20/1998 8:29:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 58727
 
here is camps call for wednesday
programtrading.com
For Wednesday, January 21, 1998

For Execution of Buy/Sell Programs
Our computers are set for program buying at $8.04 and set for program selling at 4.97. Our FairValue is $6.33. If you don't
understand these numbers or the term fair value then CLICK HERE .

Program Trading Pattern Recognition
From yesterday: Now you know why we kept yesterday's pattern to ourselves. In case you were wondering here is the
recommendation for S&P traders from yesterday's report: "Go long on the morning pullback (see pattern recog section for times) for
a bounce through lunch and possibly into the last hour. Look for a few points with 70/30 odds. Tighten stops after 12:30 to avoid a
selloff." This one trade paid for your subscription for the rest of the year.

Most of the patterns matching best for today favor the bears...at least into the last hour. The easy part is the lows...they usually
come in the last hour and usually at 2:30, 2:35, 2:40 (a lot) 2:45, 3:00, 3:05, and 3:15 (a lot). The hard part is hitting the high of the
day. They are all over the place: 8:30, 8:45, 8:50, 9:05, 9:15, 9:30, and bunched around 10:30 (a lot) 10:40 and 10:45; and 11:35 or
11:50. This is a very hard pattern to trade, but one that suggests shorting the early rally and any rally late morning for a selloff into
the last hour and possibly the close. The good news is that the odds of this pattern repeating again today are good at 70/30. So if
you are lucky enough to hit the high with your shorts (puts), the low should take care of itself (with a trailing stop of course).



To: ViperChick Secret Agent 006.9 who wrote (33715)1/21/1998 8:42:00 AM
From: kiwi  Respond to of 58727
 
lisa
We were away from the market all day yesterday and we will be gone all day today.
My neighboor is a computer guru (my three year old is a guru compared to me) and he was over showing me a bunch of stuff. So I had to try a bit of it on SI.
>>>still trying to find out how a few people are getting around the block on these posts and being able to post with colors<<<
I know you probably have a better idea than I do, (I do not have a web page that takes a 1/2 hour to load), have you tried viewing the page source to see how that person writes the code?
Are you in puts today?
Have a good day, we are off an running.
kiwi