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Gold/Mining/Energy : JAB International (JABI)

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To: Lawrence Burg who wrote (1949)12/4/1997 10:06:00 AM
From: DDS-OMS  Read Replies (1) of 4571
 
Larry,

Not aware of any MM that has a site comparable to Islands'. Only way I know of to get this now is through Nasdaq Level II. At PCQuote this costs $250/mo or $2500/year plus $50/mo exchange fee.

Also not aware of any system taking volume breakdown into account--other than acummulation-distribution models which are based on the difference between up and down volume calculated several different ways. Perhaps some of the proprietary indicators like TC2000's take block trades into account, but I dont think they tell you how their formula works. Jeffery uses TC2000, so maybe he can tell you more about their A/D model.

Of course you know that supposedly large blocks represent "smart money" with more knowledge at their disposal than the average investor. In larger cap stocks, the large blocks usually are mutual or pension funds--which I do believe get preferential treatment, but in a small stock with virtually no institutional involvement, these do represent individual investors, and I doubt the claim to "smart money'.
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