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


To: Stoctrash who wrote (41136)4/24/1998 6:15:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 58727
 
The P-Stop settings were arrived at through backtesting and, in theory, are optimized for short-term trading.

I did not perform the backtesting, as the Gateway does not have sufficient data. The Mac software does not have P-Stops in it's repertoire.

The acceleration factor is 0.03c. E*DOS defaults to 0.20 on the Optimal Acc. Limit

Damn. I wish I had shorted this S&P puppy on Globex an hour ago.

A couple of commentators point out likely targets as SP8M 1090....a bounce to a lower high....then a possible downdraft to deep in the 900s.

I hope it can hold off a while, I have to go to Myrtle Beach Tuesday.