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


To: donald sew who wrote (20207)6/12/1998 2:25:00 PM
From: ViperChick Secret Agent 006.9  Respond to of 94695
 
<Print is any actual intraday price. >

which gets me to the original question
what is the difference between Favors print basis and intraday basis that he is using for a benchmark to show further correction
the numbers are not the same

btw pisani on CNBC saying we need to see a high volume day to the downside to see the bottom...



To: donald sew who wrote (20207)6/12/1998 2:52:00 PM
From: Nancy  Respond to of 94695
 
lisa,

if you so incline, WSJ has 5 days table on DOW theorectical & actual high/low.

on the other hand, i believe today the print also breached the theorectical 8719 favors said. would be interesting to hear what he is going to say after close. so far, 8750 proves a resistance - Dow has tried to pierce it 2 times and turned back but didn't make new lows. key Dow & S&P stocks hold up solidly so far.