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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (4704)1/26/1999 9:11:00 AM
From: Jack of All Trades  Respond to of 99985
 
Since the market is not moving to widely at the current moment and the PREM.x was in the 5's is anybody playing a spread or straddle on the SPX or OEX??



To: GROUND ZERO™ who wrote (4704)1/26/1999 11:01:00 AM
From: Investor2  Read Replies (1) | Respond to of 99985
 
RE: ".....when prices bounce off a tine and then return to it, as in the bkx chart posted, then prices typically move through that tine, therefore the bkx chart shows that prices are likely to move lower...generally with violent force."

When prices bounce off a tine and then return to it, as in the bkx chart posted, are the prices likely to move all of the way to the lower fork?

Thanks,

I2



To: GROUND ZERO™ who wrote (4704)1/26/1999 11:28:00 PM
From: Moominoid  Read Replies (1) | Respond to of 99985
 
Ok I think I got that figured now. Lets see what happens next.

David