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Strategies & Market Trends : Ask DrBob

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To: CookiePuss who wrote (45166)10/3/2001 4:31:13 PM
From: bcrafty  Read Replies (1) of 100058
 
Cookie, that's the $64,000 question

But a few days after a rally like this we find out that every fund manager and their brothers were behind it. We had a similar scenario after the May FOMC, if you remember. Also remember that the rally at that time lasted a week and resulted in the last "high" we've had since then.

Dr. Bob has said before that on any given day 80-90% of all trading is institutional, so today would be no different. I'm frequently making posts referring to what the "big boys" are doing, and that institutional activity is what I'm referring to.

Maybe this link Louis gave me will give you some info:http://iw.thomsonfn.com/iwatch/help/iw_advantages.htm
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