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Strategies & Market Trends : DAYTRADING Fundamentals
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To: marketbrief.com who wrote (3609)9/5/1999 12:23:00 PM
From: TraderAlan  Read Replies (1) of 18137
 
S$,

Guess my bottom line is I'd just get a major headache trying to figure who/what/where the crowd is pre and post split. On a stock chart, it doesn't matter. Even the volume gets distributed back through all splits so you don't even notice.

<stocks zoom thru levels which were formerly major resistance>

Most stocks in uptrends eventually zoom through prior resistance. Usually splits are only announced for stocks in uptrends. So which came first, the chicken or the egg <g>.

I imagine a split is just one event that defines the timing of breakouts.

Alan
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