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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%4:00 PM EST
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To: Lee Lichterman III who wrote (35922)12/23/1999 3:24:00 PM
From: Doo  Read Replies (1) of 99985
 
I know many on this thread do not watch volume, but it seems worth noting how light the trade is today. Yet, price would suggest that this is a big, important move.

Also, note the a/d, but the trade is so thin, I don't take much comfort in the improvement. Up volume is swamping down, but NYSE volume overall is nothing significant.

Of course, GZ's still long and that means that his shorter term view of the A/D must be positive. <g>
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