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Strategies & Market Trends : DAYTRADING Fundamentals

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To: TraderAlan who wrote (5099)11/1/1999 7:53:00 AM
From: Herc  Read Replies (1) of 18137
 
The NASDAQ was up on its highest volume last week since I've been tracking NASDAQ volume. That to me means something. The higher volume plus modest downturns in adv/dec & up/down gave me my highest NASDAQ reading in months, 4 out 5. 5 being maximum bullish. It had been hovering around 2 and even 1.

I remember last Oct. 8 when the NASDAQ fell to a intraday low and then exploded.
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