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

To: Maxer who wrote (11103)4/15/1999 11:40:00 AM
From: pater tenebrarum  Respond to of 99985
 
Maxer, the rule of thumb is about 4 times the stock's move. the two stocks mentioned are not the only movers today. *all* the basic materials and cyclical stocks in the dow continue to move up today.

regards,

hb



To: Maxer who wrote (11103)4/15/1999 12:00:00 PM
From: donald sew  Respond to of 99985
 
MAXER,

I heard that the factor is 4.4. So for every one point move in a DOW stock moves the index 4.4 points. I read somewhere that next year with projected splits in some DOW stocks, the factor will be over 5.

seeya


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