Replies to post #288917 on Zeev's Turnips Patch-No Politics (ZEEV)

[extelecom]

ot, TT, How are those dust storms going? Is Lubbock still the arm pit of the earth? Hope this works out for you when your pet goes South on you!

[Train Guy]

-- You may be on to something with swing trading NFI. Just hold on to it on ex-dividend date. --

No, actually you would have been better off shorting it going through the ex-div date. If you look at the chart, over about 10 days centered on the ex-div (Aug 9) it dropped 5 points. A lot of stocks actually drop through ex-div. There are pros that try and make their living capturing the dividends on stocks. Of course if you had been short going through the ex-div you would have had to pay the dividend.

Looking at the chart though did get me wondering about a way to measure volatility. In three months it had swings worth 100% of it's stock price. Of course that depends on how you measure them. Maybe average true range is what I'm looking for. Have to research it more.

--------
Developed by J. Welles Wilder and introduced in his book, New Concepts in Technical Trading Systems (1978), the Average True Range (ATR) indicator measures a security's volatility. As such, the indicator does not provide an indication of price direction or duration, simply the degree of price movement or volatility.