Replies to post #38969 on Zeev's Turnips Patch-No Politics (ZEEV)

[tonysolomon]

Zeev...grasshopper sends many thanks for your insight.



Translation: I am grasshopper (i.e. remember Kung Fu movie) hehe.

[Train Guy]

That's interesting. I basically do the same thing, but never thought of giving it a quick eyeball quantitation.

The PREM today started out in the 7's and continued to hit until 9:34. The PREM continued to fall until it hit sell levels at 9:39, 9:40 and 9:41. Looks like it got about 25 points on the Dow. After it bounced it has been trading in a fairly negative range with only a few spikes now and then above 0.00, and since about 9:50ish has been doing the continue trend pattern, which is down.

MSFT since gapping up has been diving, now down over a $1.

The PREM at 10:23 spiked down to the lowest since the start. The pattern than changed into a mini up trend, which goes with the small bounce. Looked to roll over, but now maybe the start of a continue trend pattern.

COMP and NDX look to be trying to get and up trend going. SPX and Dow look to be going sideways to slight up.

[RENEEJ]

Recognizing my math deficiencies; i still have not figured your formula. As I write Island shows the high bid on CCMP AT 49.02 AND THE LOWEST AT 36.99.On the ask side the high is 55.00 and the low is 49.80. ....ASSUMING THESE NUMBERS ARE CORRECT is T higher then 1 and how do you step by step arrive at T. tia from a dense student