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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: ViperChick Secret Agent 006.9 who wrote (20177)	6/12/1998 12:35:00 PM
From: ratan lal	Respond to of 94695

amazing - we posted at the same time

To: ViperChick Secret Agent 006.9 who wrote (20177)	6/12/1998 12:39:00 PM
From: set	Respond to of 94695

print basis means all at once, as seen on the ticker, as apposed to the calculated number if you take all the lows for the individual stocks thus far into the day.

To: ViperChick Secret Agent 006.9 who wrote (20177)	6/12/1998 12:43:00 PM
From: Oeconomicus	Read Replies (2) \| Respond to of 94695

lisa, I don't think "print basis" means what you think. If I recall his explanation during one of his CNBC appearances, it goes like this: "Close" means just that. "Print" means any point that the index is actually quoted at during they day. "Intraday" I'm not sure, but it's either the same as Print or it means the "Theoretical" high/low using the high/low of all the index components at any time during the day. My guess is the 8719 is the theoretical low he would look for. BTW, we have blown through both numbers anyway, so I'd guess Favors must be short now. This also fits with the "top-to-top" study he did that we discussed here last week I think. Bob