NET of the Markets

NET Charts Abbreviations and Color Codes
(Now Depreciated)

Charts Abbreviations

Abbreviation Descriptions

40 Refers to a Fibonacci retracement of 38.2% (rounded to 40)

60 Refers to a Fibonacci retracement of 61.8% (rounded to 60)

80 Refers to a Fibonacci retracement of 76.4% (rounded to 80)

@ At

A/D Advancing/Declining; refers to number of stocks advancing versus number of stocks declining; also see the symbols quote list

ATM At the Money; an option term

BB Ben Bernanke, 2007 Federal Reserve Board Chairman

BO Breakout

CRB Commodities Research Bureau Index

DMA Day Moving Average; moving average over, for example, 50 days, 50DMA

Ecom Economy or Economic

EOD End of Day or 3:30-4:45 PM EST

Fed Federal Reserve

ID Intraday; refers to retracements for the high and/or low of today

ITM In the Money; an option term

M’s Monthly OEX options (as opposed to Weekly options)

MD Multi-day; refers to retracements for the high and/or low of the previous market day

MM Multi-month as in spanning several months

mm/dd Month/day (example 11/14); refers to the date of a retracement for the high and/or low; used for dates prior to the prior market day

MW Multi-week

OM Option Magic; refers to the Option Magic training manual

ORBO Opening Range Breakout; breaks of the 9:30-12:00 trading range after 12:00 EST should continue in that direction about 85% of the time; works best if the break is after 2:00 EST; see Overview for specifics

OSC Oscillator, ‘Ed CROSS with Avg 71’ Tradestation indicator

OTM Out of the Money; an option term

RT/F Retest/Failure; 12/12 would mean RT/F from Dec 12

QP Quote Page from TradeStation; a TS trading page where multiple securities are listed

S Trend segment or price leg; refers to retracement from the high or low of the most recent segment or leg and not of the day’s range

S/R Support and/or Resistance

SOS Sign of Strength; refers to Oscillator holding above35/44 on any time frame; see Magic Dots web site for training videos

SOW Sign of Weakness; refers to Oscillator failing to move above 62/71. See training video from above

ST Short term

T1, T2, T3 Profit targets of T1, T2, or T3 from an ABC retracement swing; refer to training materials for their definition and formulas

T#1, T#2, T#3 Refer to the Rhythm tenets; for T#1 and T#2 refer to the training manuals, for T#3 refer to Revision #3 Jan 2007

TP Trading page; same as QP (see QP above)

TS TradeStation trading platform

“They” Mysterious, often unknown, financial forces who manipulate the market for their own purposes

TOD Time of Day

TR Trading Range

U You

W’s Weekly OEX options

X Multiples of your investment or profit made (example 3X's your money; if used in a sentence X means ‘time’ as in ‘X of year’

Yd Yesterday

Notes: 1) Chart abbreviations may or may not include capitalization or additional punctuation such as periods.

2) Other economic abbreviations such as CCI or CPI may be used and their abbreviation can be deciphered by a quick internet search on Google, for example.

3) Charts may also have comments on stocks and the reference will be by its stock symbol.