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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 677.56-2.0%Jan 20 4:00 PM EST

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To: HairBall who wrote (41543)2/27/2000 11:59:00 AM
From: dclapp  Read Replies (1) of 99985
 
LG,

Re distribution (in individual issues)...

At the risk of being simplistic, couldn't you see "smart money" distribution taking place using the Island BookViewer, or other Level II bid/ask display??

If the stock is rising, but

-- the buyers are small and odd-lot

and

-- the sellers are large even lot

then

distribution??

Regards,

doug
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