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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Electric who wrote (13225)	7/27/1998 4:13:00 PM
From: Chris	Read Replies (1) \| Respond to of 42787

sounds good. i think dell is in good shape. 21 ema held. and today's good rally. all postives for going into earnings

To: Electric who wrote (13225)	7/27/1998 5:15:00 PM
From: Judy	Read Replies (1) \| Respond to of 42787

DELL broke cleanly thru resistance at 108-109 today when the market turned positive. DELL should base at this level before rallying, providing the NAZ holds together. DELL sentiment turned positive today when the market reacted to the good news on DELL. Last month when I sold DELL puts, it was at the pivotal point and touch and go for 1-2 weeks. This time it seems like it was touch and go for four days. Stocks with poor momentum will not respond to good news nor rise with a rising market. Let's see when chris gets a buy signal. CMGI .. I had blastered posts on the Geocities IPO last week on a couple of threads as an alert, did you not see them? But I see someone answered your question.

To: Electric who wrote (13225)	7/27/1998 5:17:00 PM
From: Chris	Read Replies (1) \| Respond to of 42787

more stuff on index calculations: received via priv. msg: price KO) + (price GM) + (price HWP) + .... + (price GE) ___________________________________________________________ Dow Divisor Now when a stock splits, the overall divisor is adjusted so that their is no net change. The points I made about the problems of price weighting and decreased volatility are still valid. In fact, the function I suggested to you, where each stock has its own divisor, would fix the volatility problem but not the unequal weighting. It has been proposed but rejected as excessively complicated. Yeah right, like a P-II couldn't calculate in less than a microsecond. The SPX is calculated like this: {[(price MSFT) * (# of MSFT shares)] + .... + [(price GE)*(# of GE)]} _____________________________________________________________________ SPX divisor This never has to be split adjusted and only is adjusted when the stock membership changes. I glad you enjoy these posts and they help me to get these concepts clearer in my mind. Kevin from TSO is the king of this stuff as indexes are his job. He has caught the NDX, NASDAQ, and AMEX a couple of times when they made a (or failed to make) a divisor adjustment correctly. He could have made a quick bundle on indexes options if he lacked ethics. He immediately informed the exchanges before damage was bad.