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Strategies & Market Trends : Waiting for the big Kahuna

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To: kas1 who wrote (3270)7/26/1997 2:20:00 PM
From: William H Huebl   of 94695
 
Hi Konrad,

Got THAT wrong. I HAVEN'T FOUND ANYTHING THAT WORKS. It is just a casual observation that links VERY strong days (very high most actives value) to subsequent moves up...

My theory (BWDIK?) is that those days with very high $$ most actives show that the pro's are still in there buying rather than John Q Public going for the cheap stocks in a bargain basement mentality... HOWEVER, I see that the index funds probably affect those figures and it may not be working any more... I really did expect the market to shoot up much further than it did based on most actives.

Regards,

Bill
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