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


To: James F. Hopkins who wrote (6994)2/24/1999 10:42:00 PM
From: Gersh Avery  Read Replies (1) | Respond to of 99985
 
Jim

futures sold off a little after the close of stocks. Because of that, sell programs are already triggered for the open unless there is enough gain during globex to offset the sell.

2/25 open Globex triggers:

buy programs 513 (1258.43) or higher
sell programs 55 (1253.85) or lower

Prem values for the day:
buy 5.02 fair value 2.68 sell .44

programtrading.com

The slope of the S&P500 50 calander day SMA (~7week) turned negative today.

Gersh