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Strategies & Market Trends : Charts With An Attitude; Trading In & Out

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To: Dave H who wrote (3781)11/18/1997 8:04:00 AM
From: Dave H  Read Replies (1) of 4701
 
The DOW, price moves, and volume....

fyi, yesterday:

the DOW climbed 1.7%
the NYSE volume was down about 8%
NASDAQ & NYSE volume was the lower than the prior three trading days.

Not saying this means anything other than volume and price move were divergent yesterday, and in fact the last three day rally overall has seen less volume on both days following.
ie
monday volume < friday volume < thursday volume
monday price > friday price > thursday price

just something to keep in mind....volatility in price is probably still in our future.

-dave
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