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To: wiley murray who wrote (39022)4/10/1998 5:01:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 58727
 
when are wfc earnings due???

here is a little interesting indicator...anyone used it or backtested it

To: +Chris (7540 )
From: +Claud B
Wednesday, Apr 8 1998 5:55PM ET
Reply # of 7556

Chris,

There's an interesting indicator some people use:
If the new lows list equals 1% of the total issues traded,
that has been a sign in the past that a top is in for the
time being.

Yesterday new lows equalled 1% of total issues traded on the NYSE.

Claud



To: wiley murray who wrote (39022)4/10/1998 5:57:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 58727
 
wiley
look at the volume of April 360 calls on wfc

closing out positions?
selling?
buying?

I dont know but that is big for wfc



To: wiley murray who wrote (39022)4/11/1998 9:03:00 AM
From: Jerry Olson  Read Replies (1) | Respond to of 58727
 
Hi Wiley

INTC has already warned, and therefore the street has lowered the numbers for this Q, and the year...

I'm waiting for guidence thru the next 2 Q's...

The street loves INTC, but we'll see what happens..I have puts only, might straddle just in case<g>....

Have no opinion on Banks yet!<g>...i'm checking some out now...