Originally Posted by
davidallison@shaw.ca
Billy,
Thank you for the great responce. This really helps with my understanding.
You mentioned:
But the “most probable” 3-day target if you have the opportunity to enter at the limit entry price of 85.10 is:
85.10 – (85.10 * 2.64%* 61.67%) = 83.71
Once again, it's my age! :) but where does the 2.64% and 61.67% come from?
Dave