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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Shack who wrote (90398)4/5/2001 12:30:12 PM
From: GraceZ  Read Replies (2) of 436258
 
What gives a market upside persistence after a turn is orders booked above to sell. If these were imbalances of market sells it would be a different story. I'm not saying this is a turn because that can't be determined until after the fact, I'm saying that the situation you observe is always present in a market turn to the upside.
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