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

To: SE who wrote (46245)	6/18/1998 9:41:00 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 58727

I've been reading a theory by Williams...perhaps it's factual, I never heard of it before...... That the pit does the opposite of the E-Mini with respect to direction at the open. The E-Mini trades from 8:15 CT so it's moving before RTH on the large contract. This theory Williams has postulates that if the small guys are moving the small contract higher then they will bring it down for a short time and vice versa. Sounds logical I suppose, for those who like to jump in at the open for a quick scalp trade. I've never looked at it myself. EDIT my guess that it would start out trending lower was based in part on an oscillator called Williams % R.