The Travel Range
                       Measuring between intraday highs and lows as the  dayprogresses, the travel range for IBM that day was 21.47 points or  16.8%  ifyou divide that by the opening price of 127 1/2. It  had  11  moves  of  onepoint or more. After the opening at 127.50 the sequence is as  follows  fromleft to right: