Are whole numbers what they used to be?

godoftrading · 06-05-2008, 02:51 PM

It used to be that whole numbers held a particular strength for intraday traders for support or resistance, and to a lesser degree 25s and 50s.

This was more the case with NYSE, but also with NASDAQ to some degree.

But now, with RegNMS, multiple market centers, dark pools, and everything else that has developed over the last few years, it seems that this has changed.

Do you find that these numbers have any significance for intraday traders on a support/resistance basis anymore?

**REWahoo** · 06-05-2008, 02:56 PM

If you truly are the godoftrading, why are you asking us?

06-05-2008, 02:51 PM	#1
godoftrading Dryer sheet aficionado Join Date: Apr 2008 Posts: 36	Are whole numbers what they used to be? It used to be that whole numbers held a particular strength for intraday traders for support or resistance, and to a lesser degree 25s and 50s. This was more the case with NYSE, but also with NASDAQ to some degree. But now, with RegNMS, multiple market centers, dark pools, and everything else that has developed over the last few years, it seems that this has changed. Do you find that these numbers have any significance for intraday traders on a support/resistance basis anymore?

06-05-2008, 02:56 PM	#2
REWahoo Administrator Join Date: Jun 2002 Location: Texas Hill Country Posts: 11,647	If you truly are the godoftrading, why are you asking us? __________________ [Closed for renovation]

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