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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 48.79-1.7%Dec 11 4:00 PM EST

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To: Runomoâ„¢ who wrote (10739)9/5/2003 4:36:38 PM
From: Chip McVickar  Read Replies (1) of 207308
 
MO....

>>the volume explosion the last two days<<
IMO... total volume is not as important as breaking it down into what's ADVing and whats DECLing.... that's a good way to understand volume.... by doing the break out of the ARMS/TRIN Index yourself you get closer to the internals. Thats as close as I get to funnymentals....<<smile>>

Arms looks at both vol and issues
The net difference between both of these has actually been falling off over the last 3 days.

This weekly SXP chart is an interesting look at the recent move off the lows

Weekly SPX Chart
stockcharts.com[w,a]wchannay[d19990930,20030930][pf][ilb5!lb14!li14,3!la12,26,9!lc20!lf][J12145569,Y]&pref=G
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