Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Clay M who wrote (15175)	2/10/1999 11:06:00 AM
From: SE	Read Replies (2) \| Respond to of 44573

Clay, I have explained it in the past, but I am sure it is well buried in this thread by now.....easier to re-do it! :) OK, deal is that if the TICK rises 1200 points or better from a low to the new high within 1 hour to 1 hour and 15 minutes of establishing low (not necessarily the low of the day, but a fairly substantial low)....there usually will be a 10 point drop in the SPOO from the newly established high. Now, the main problem is that this does not tell you where that high will be, only that from that point, whereever it is, you should have a 10 point decline. It is good in predicting direction only....so if you can grab a piece of the decline, that is great. Any questions....ask away.... -Scott PS - Those conditions were almost established this morning with the low in the TICK of about -1000 and the subsequent high of almost 100.