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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?

To: Sam who wrote (1664)	5/24/1999 3:54:00 PM
From: X Y Zebra	Respond to of 3536

The 3 months really is a test period only, as each individual investor would have different objectives.... The price I used, is based on a real time graph, for each security, somewhere between 11:00 AM and 1:00 PM eastern time, more or less I used the time about the time at which they first made the announcement on CNBC (earier than the interview with the analyst).... then, if I was trading them (with the intent of going short), seeing if there would be a "retracement" from the early slide, and allowing for the so call "uptick rule"... (at least the way, I understand it). In other words, the bid would have had to have gone through my sell price, before they would execute the order. Bottom line, the exact price is somehow irrelevant so long it is within a reasonable range, of the announcement. Again, I am not trading this portfolio, I am simply doing this as an experiment to see how a recommendation of this nature will do in the near to mid term future.