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Strategies & Market Trends : Free Float Trading/ Portfolio Development/ Index Stategies
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From: dvdw©3/5/2008 5:08:09 PM
of 3821
 
Yesterday the Naz again traded a record decade low number for # companies, 3259, against which there was obscene volume. Considering the net trade shrink which has become so familiar across our complex, most all of ours remains sold out.

What the trade would call overbought, is promptly contradicted by its actual oversold status......in other words; in the absence of market pricing, you have a complex of routines operating to purpose churn.

Oh well, what a tangled web they weave etc....
you know the rest..

Remain margin neutral, the big O is still on the scorecard for the current round.
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