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

To: HairBall who wrote (9644)	4/1/1999 7:01:00 PM
From: Gersh Avery	Read Replies (1) \| Respond to of 99985

Hi LG couple of days ago I told you that there was a convergence of trends that targeted 4/2. Sorry .. not 4/2 but 4/5. I had an extra day in my spreadsheet. forks etc that I post will now contain DJIA equivalents instead of OEX. These are generated by getting a ratio of closing DJIA and SPX prices and using the result to multiply the SPX projection numbers by. Data for Monday: Large fork tines: rough DJIA equivalents: Upper : 1312.97 (19.2) 9978.42 (145.91) Mid : 1248.03 (-45.74) 9484.89 (-347.62) Lower : 1189.92 (-103.85) 9043.23 (-789.28) Small fork tines: Upper : 1315.53 (21.76) 9997.87 (165.36) Mid : 1269.45 (-24.32) 9647.65 (-184.86) Lower : 1223.36 (-70.41) 9297.42 (-535.09) Globex opening trigger values: Buy trigger : 329 (1305.99) Sell trigger : -101 (1301.69) Prem values for the day: buy trigger 12.22 fair value 10.02 sell trigger 7.92 Gersh