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To: ViperChick Secret Agent 006.9 who wrote (56318)10/26/1998 12:03:00 AM
From: HairBall  Respond to of 58727
 
lisa: Saw another post of a Jerry Favors report and once again the "print basis" thing threw me. Well Jim Bryan gave me a link to Favors site with the explanation of what Favors means when he says "print" or "intraday".

The following was a verbal from Dow Jones customer service:

Theoretical Low (IND.I) = Computation at the end of day, of the lows of each stock in an Index regardless of when they were reached intraday. The reverse is true for the Theoretical High. This is the one most of us download for end of day numbers and you have to wait awhile after the close to get these.

Favors calls the Theoretical the "Intraday" and the definition at his site for that is: The intraday number is a theoretical number; you will never see the Dow actually trade at this number. Intraday numbers represent what the high or low would have been if all the Dow stocks hit their highs and lows for the day, at the same time. CNBC does not provide this number. Some nice brokerage firms do. Theoretical numbers are an important part of many market forecasting indicators.

The following was a verbal from Dow Jones customer service:

Actual Low (DJI.I) = Real Time Low reached intraday by an Index. The reverse is true for the actual high.

Favors calls the Actual the "Print" and the definition for this at his site is: A print number is every number that the Dow trades at from the market's open until the close. Each time the Dow ticks up 5 points, down 100 points or remains briefly unchanged is a "print number". CNBC shows these numbers throughout the market day. If or when the Dow reaches the number mentioned in the hotline message, that is the "print" number.

Please Note: I used the Dow Jones Industrials as an example and the symbols above are the ones Dow Jones uses for its own data service!

Favors definitions can be found at: (scroll down)
jerryfavors.com

Regards,
LG



To: ViperChick Secret Agent 006.9 who wrote (56318)10/26/1998 9:26:00 AM
From: Byram  Read Replies (1) | Respond to of 58727
 
*****OT*****
Lisa - After a looooonggggg weekend I like to check my most favorite profile....Usually an uplifting experience....to seee some good laughs , cool backgrounds and some days some cool music....
But today - after browsing thru some good technical advice, theories and some goofy posts - I went to check my "most favorite profile" and it was just like the unoriginal, regular folks - profiles. This has saddened me greatly, heck it may just mess up my whole day :>(
Oh well -
Just lurking around,
Byram