volatility based stop..for those interested/amused, page-5

re: volatility based stop..stronglongblack Just caught this post after open

for what its worth the Stoploss calcs held at 17.78

If you followed the chat with Woddonnee the triangle did break lower as he expected fortunately pulled up at our stop and closing higher it has now resumed a bullish pennant..

The Vwap on 23/11 is still the settling price
Stainless posted the Hourly prices for that date yesterday..I did not Richard them as of yet..

the C offer and options are now in the money


hope this makes some sense..

Its also really about Richard Dales Brilliant stoploss fomula.

http://www.tradernexus.com/advancedstop/advancedstop.html

Looks like we may be range bound at 24.5 until the offer is filled.. or anncmt
john