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To: TREND1 who wrote (36338)7/17/1998 11:15:00 AM
From: Bipin Prasad  Respond to of 53903
 
Larry,

What is your 4% rule? TIA! There's always something to learn
from others! I love to learn as much as I can.

later,

InSook



To: TREND1 who wrote (36338)7/17/1998 11:23:00 AM
From: TREND1  Read Replies (1) | Respond to of 53903
 
InSook
(1) outside days (both higher daily high and lower daily low)
happen about 4% of the time with MU
(2) MU traded below 29 1/4
(3) Therefore there is only a 4% chance that MU will
trade above 31 7/16 today
(4) Some thing a day trader likes to know !!!
larry dudash