MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.08

-0.8%

Nov 18 4:00 PM EST

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To: Benkea who wrote (51991)	5/24/2000 5:43:00 PM
From: yu	Read Replies (2) of 99985

Benkea, If there is no buyer and only sellers, do not you think the price would have gone down even more? The selling in the last few days seems to be so "ordered", does not seem there is the panic capitulation selling. yu Message #51991 from Benkea at May 24, 2000 5:11 PM ET Gregory: "I would of rather seen more vol. on the downside." There have been several almost 10 to 1 (or 2) - 1 bil share downside days lately. I think there was plenty of selling, but the volume was lighter because there was no buying. Further, there was considerable "buying power" taken out in the April 18 debacle.

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