NetCurrents NTCS Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : NetCurrents NTCS

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Teresa Lo who wrote (6200)	3/17/2001 9:57:29 PM
From: TheStockStalker	Read Replies (4) of 8925

REGARDING CAPITULATION SELLING..... It is already happening. The key to seeing it has been to look at the monthly charts of the Nasdaq. The "Diabolical" Nasdaq has found a way to mimic low volume by evenly distributing volume just over the mean for long periods of time. This month will easily be the biggest volume month is Nasdaq history. The reason that markets have turned around in the past during a capitulation bottom is not because it dumped out enough sellers so as to end the downward pressure before it could go up. The extra volume of one trading day is statistically insignificant to change the outcome for the next several months or years. But rather it is the fingerprint left on the charts as to where the dumbest money chose to exit. And we all know that the masses culminate in usually the wrong or worst place. But when you look at the shear masses of volume on the attached charts over the last several months, you can see that the sellers really are leaving this market and at a statistically significant and ever growing rate. nasdaq.homestead.com Regards, PDT

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next