Tech Stock Options Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Tech Stock Options

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: donald sew who wrote (48636)	7/28/1998 8:35:00 AM
From: Patrick Slevin	of 58727

UP/DOWN VOLUME I've noticed this myself, that days which start with a massive selloff and recover (or vice-versa) have a skew to the A/D. Co-incidentally, McMillan notes in today's report that what you saw was typical action. He says if the market continues to rally today the advances will fall into line. In essence what he is saying is that when a market "bounces" from an extreme oversold condition the A/D never catches up in time for the close. Of course, the market may decide to sell off anyway; but the observation of the divergence is not a rare one.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next