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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 652.56

-1.5%

Nov 20 4:00 PM EST

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To: Johnny Canuck who wrote (25891)	4/3/2000 1:21:00 PM
From: shasta23	Read Replies (2) of 68167

Harry! I actually have the feeling that the funds are buying. Sounds strange! But what i see is that a lot of stocks are drifting down on 100-500 share transaction and the you see 10-20000 share lot's going over at the ask which takes the stock higher only to be followed by another downdraft on very low volume. Don't know what to make of it but maybe that means that some funds are taking initial positions at this point but are not buying continuosly. Just an observation! Stefan

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