Classic TA Workplace 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 : Classic TA Workplace

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JRI who wrote (23761)	12/4/2001 6:31:00 PM
From: Shack	Read Replies (1) of 209892

Good points JRI. However there was a large distribution day last week though, I have no doubt of this (wednesday I think). Since then we have had very weak declines with very large TRIN readings indicating lots of selling. These TRIN readings are what we see at major bottoms, not tops. If that was J6P selling, we would have tanked further IMO. J6P does not sell at the top either. I do believe that the big boys are distributing. HOWEVER it does not mean that we can't go higher. An ending diagonal is all about disproportionate public participation.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next