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User Info Need a GOOD explanation of "Handles"; entered at 2010-05-19 08:08:44
Asimov
Posts: 103851
Registered: 2007-08-26 East Tennessee Eastern Time
Expy: Consider it a slang term instead of a defined one.

One handle = one full point.

Also, if you trade down from 1100's to 1000's, you'll hear it used to say "we're now trading a 10 handle" meaning the 1000's. Sometimes you'll hear a new range like moving into the 1070's referred to as a 70 handle.

I guess it's more accurate to say that it's definition is contextually based. You need to know generally where it's trading. Most commonly used as the first, one handle = one full point.
2010-05-19 08:08:44