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Re: Joe Stocks post# 92545

Tuesday, 04/01/2003 10:26:18 AM

Tuesday, April 01, 2003 10:26:18 AM

Post# of 704041
Joe, thanks for the info on the PREM. Unless you sort of already understood it, that might have been a little confusing. It did provide me with some insight and ways to use it I hadn't thought of. And it was good to see how a more experienced trader uses it.

On the ISM numbers the PREM dropped down and hit sell levels at 10:00 and 10:01, but then they gunned it and we hit buy levels at 10:04. TICK initially had a spike up at 10:00, then down then a little more down at 10:01 before it blasted off for 1100+ land. The Dow did drop 12 at 10:00, before whooshing up for 60 points. Doesn't look like the computers did any selling when the PREM hit sell levels, but sure did kick in buying when we hit buy levels.

TICK continues to "hang" up there. PREM is just sort of going sideways. Dow and SPX hitting HOD. INTC just hit HOD. PREM just sitting. TICK tried for 1000 again, but came up short, and now turning down.

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