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<x-html><html><head></head><BODY bgcolor="#FFFFFF"><p><font size=3 color="#000080" face="Book Antiqua"><i>Hi Wolf,<br>There are a lot of answers for your question. Generally speaking, it<br>depends on what kind of markets you're trading. Myself, I'm into<br>the commodities markets, and here some commodities behave<br>differently, even within the same group. In the meat market, for <br>example, Pork Bellies is believed to be "non-elastic", which means,<br>it doesn't react or depend on fundamentals , supply and demand,<br>Gov. reports, etc.<br>I even think this market is rather manipulated by the "big guys".<br>On Tuesday ( 8-5 ), it opened at 7835, then, in less than FIVE<br>MINUTES it was down to 7655, 180 points, that's more than<br>$ 700 !!. And all this after a "supposed" up trend for five days<br>in a row. A "normal" market "shows" signs of weakness before<br>heading the other way.<br>Another opposite example is the Swiss Franc, a market that tends<br>to be "trendy". Today ( 8-8 ), for example, it opened ( in the <br>morning , not the Globex open ) at 6597, made a low of 6596 and <br>went all the way up to 6708 ( a difference in dollars of about $1400 ),<br>then retraced and closed at 6650.<br>I'm not familiar with stock market moves, but it's generally believed<br>stocks are not as volatile as some commodities like Bellies, <br>Lumber, Coffee, ( S&P?), Coffee, etc. Hope some of the MS members<br>into stocks can give you an overview about this.<br>Regards.<br><br>Efrain R Portales<br>Fort Worth, TX<br><br><br><br><br>----------<br>: From: Wolf Kettler <<font color="#0000FF"><u>wolf_1@xxxxxxx</u><font color="#000080">><br>: To: MetaStock List (E-mail) <<font color="#0000FF"><u>metastock-list@xxxxxxxxxxxxx</u><font color="#000080">><br>: Subject: SE Behaviour<br>: Date: Friday, August 08, 1997 8:34 AM<br>: <br>: On the London Stock Exchange we have recently experienced a situation where <br>: prices move up in the first half hour of trading and then remain more or less <br>: static for the rest of the day, with only slight gains or losses intraday, <br>: excluding the first half hour.<br>: Normally, I would expect to be able to ignore the first half hour of trading, <br>: when all overnight and last night's orders are fulfilled. In the first half <br>: hour of trading, prices would go up (or down) but then reverse almost all of <br>: that movement after that short period.<br>: <br>: How does this compare to the U.S. stock exchanges or, in other words, what <br>: could I normally expect to happen during the first half hour or so of trading?<br>: <br>: Wolf </p>
</font></font></font></font></font></body></html></x-html>From ???@??? Fri Aug 08 17:09:14 1997
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From: gordon@xxxxxxxxxxx (Guy Gordon)
To: Jordi Saldana <8bits@xxxxxx>, metastock-list@xxxxxxxxxxxxx
Subject: Re: Themes of the list
Date: Fri, 08 Aug 1997 19:53:17 GMT
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On Fri, 08 Aug 1997 11:54:34 +0200, you wrote:
>But I continously see messages recomending buying stocks, options,
>comments on maths, and similar.... why don't create a new mailing list
>for this last themes ????
>
>I want to learn more about MetaStock ONLY!!!!
Well, I'm sorry you only want to learn about one subject only. But in
case you hadn't noticed, buying stocks and options is what you use
MetaStock FOR.
When I discuss the trades I'm thinking about or making, I AM
discussing MetaStock.
What, you think all email on this list should be restricted to what
button to click on to get a 50-day Moving Average?
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