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


To: joe smith who wrote (37216)3/24/1998 11:27:00 AM
From: Nemer  Respond to of 58727
 
Joe:

--->meaning of your numbers

I should have several posts that tell about them, but I'm going to pull them up and bookmark them....

but, I'm always willing to share........gggg

instead of identifying these points as support and resistance and having them change when the SPX penetrates them for more than 15 minutes ---I post them as point.

They are figures which can signify support and/or resistance, depending upon the location of the X at any time.
They change, several times during the day, as my mainframe tells me when and the new points.

The pivot point, when I identify it in a post, is very important because for a length of time , usually an hour to an hour and a half ---
as I posted--
above = up
below = down

I'll look up some of the past posts later, but I'm leaving for a bit---
ask if you aren't clear----or actually, if I wasn't sufficiently clear...gg

Regards--Nemer