I don't use them anymore but there is something strange I observed when they made errors. For example the false high and low today are very near significant zone for example yesterday it says the high was 8577 whereas we made only 8523 and 8577 was the break limit today ! can we use Yahoo false datas as predictor <IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=259337>
There are 2 ways to calculate highs and lows for an index. One is the highs/lows that would occur with all the extremes of the components and the other is the high/lows that actually occured. Hope that clears it up.
NO BABAK!, that's far too simple. A much better answer would include pyramid eyes, colorful charts, incoherent babbling, aliens, bush-cheney junta conspiracies, and a sun flare. Oh yeah: and waves, definitely a wave, definitely...definitely a wave... gotta go to KMart
But what is the OFFICIAL RULE it cannot be that the official market authorize multiple quotes. I never saw that on french market is it specific to US or what . On quote.com and prophet.net they do give 8523.
I have big memory for some people you know, one day you will understand what I mean, I will prepare a surprise for you publicly so that everybody can make fun So try to use other argument than systematic silly one : one, two, three times it's funny I laughed but when it becomes repeatable and so heavy I will just tell you.
Just economy: I only need to filter those that pollute the more with uninteresting arguments . That avoid me also to pollute by answering them.
Isn't it archaic and ridiculous to calculate the index based on EXTREMES for the day? Sounds like a throwback to the days when grey men wearing eyeshades had to do the math.
Funniest thing I have read since MrSub was telling us about his adventures in Africa!!!! Brother Nitro RULES!!!!! (to paraphrase our beloved brother Candletrader). Man, I NEEDED a laugh....it was perfect timing!!! Peace, RS
Babak your explanation was possible for Yahoo Wednesday quote but what about thursday ? On Yahoo Thursday's High is 8650 instead of 8628 your explanation doesn't fit since we opened from before yesterday's low so well below 8650 . Do you have a second explanation ?