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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: donald sew who wrote (15795)8/19/2001 10:02:17 PM
From: The Freep  Read Replies (1) of 52237
 
Don -- in regards to your high/lows work, I know that Zeev Hed was doing some research lately on the number of Naz issues that have been delisted since the start of the year. I seem to recall that there's over 500 fewer stocks on the Naz now than on Jan 1. That's a LOT, though it's not clear how many have been removed due to mergers vs. outright delisting and whatnot. Anyway, it is possible that this impacts your new low figure substantially, as I'd guess a lot of those stocks were reaching new yearly lows on a daily basis. Without them in the gene pool, it's likely that you'll not see the type of collapse on the now lows that would exist if they were all still around, heading down to 1 cent.

Not that I know what to do with this info, mind you. I'll leave that to you and Brook :-)

the freep
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