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Strategies & Market Trends : Classic TA Workplace

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To: Perspective who wrote (148083)8/14/2007 5:19:05 PM
From: Paul Shread  Read Replies (4) of 209892
 
We've had five 90% downside volume days on the NYSE - they tend to occur at bottoms, not tops. 1998 only had three. 1987 only had two, although admittedly they were doozies. They don't occur straight off a top as the start of a major decline, at least in the 45 years I have data for.
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