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Strategies & Market Trends : DAYTRADING Fundamentals
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To: Dominick who wrote (8464)5/15/2000 5:08:00 PM
From: OZ  Read Replies (2) of 18137
 
RMBS is not thinly traded (as you already knew). It simply has a high volume to float turnover ratio. It turns its float about once a week. Volume alone is not the true indicator of supply/demand. It is just half. The true indicator is volume to float turnover. You want to see serious volatility due to this ratio, look at AUDC, it really is not day tradable and is better position traded. For a more tradable stock (but extremely volatile) check out DIGL. These can turn their float a couple of times a week.

regards,
Oz
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