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Just some ideas on price projection for the OEX on Monday. Using the Odds
indicator in MetaStock the following levels are projected:
Average up day 545
Strong up day 548 to 551 also is coincident with the center regression line
Crash up day 551 to 555
There are several ways to use the Odds cones. One is backward looking using
historical data. The other is forward looking using implied volatility.
These numbers use implied volatility. Specific instructions are available in
the MetaStock manual.
BobR
http://www.oextrader.com/momentum/momentum.htm.
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