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Nice picture.
-----Original Message-----
From: Mark Brown <markbrown@xxxxxxxxxxxxx>
To: Omega List <omega-list@xxxxxxxxxx>
Date: Sunday, November 15, 1998 10:17 AM
Subject: Re: NOISE
>Picture of what I believe is noise http://www.markbrown.com/noise.htm
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>::What is your definition of market noise?
>::
>::If you can clarify then I will answer the questions below.
>:
>:
>:Great! I have determined for sure that market noise is a move on a 5 tick
>:or a one minute chart that from top to bottom last about as long as it
>would
>:take to phone the broker get a crap fill and then call the broker get a
>crap
>:exit only to have lost on a trade that looked profitable. In other words
>if
>:the SP moves 2-3 points from a high to a low in less than 5 minutes.. This
>:was tradable at one time, I'm not so sure anymore. MB
>:
>:
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