Market Table
                       This is actual market  data  for  8/19/99  9:45AM  to11:00AM EST. This is the table that monitors overall market dynamics.
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This table takes less than 45 seconds to complete.  You  round  off  numbersfor the S&P Futures, all the averages and the volume figures. You use  exactnumbers for TICK, PREM, A-D, and BD. For the sectors, they are  either  plusor minus (green or red on your screen).                       At the bottom of the sheet  I  make  notes  on  whichstocks are showing strong or weak intra day relative strength and  look  forset ups on the 5 minute charts.                       You should also make note  of  any  key  market  newsthat should generate a reaction and observe how the  market  reacts  to  thenews.                       Start to use this table on a  daily  basis,  and  youwill start to see the relationships develop.  Is  it  just  program  sellingseeing that the sectors are all pretty and the breadth  is  still  good,  orare the Generals in there selling because up  volume  /  down  volume  ratiokeeps getting worse with all sectors turning minus?                       There are many market clues that you will only  startto understand if you keep the table. After a  period  of  time  your  marketfeel will improve ten-fold, and this  will  improve  your  entry  into  goodtrades.  You will observe that trending days will all  have  similar  traitsas do the over reaction  days  that  also  provide  good  opportunity.   Theneutral days tell you little by flat averages, but maybe breadth, volume  orcertain sectors will provide pertinent information.                       Note – I use 26 boxes for table  so  you  can  recordmarket every 15 minutes if needed.