Technical analysis for shorts & longs Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs

SPY 683.47

+0.6%

Nov 28 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lachesis Atropos who wrote (16066)	5/19/1998 10:40:00 PM
From: j g cordes	Read Replies (2) of 68411

Lachesis, I'd like to go back to something we previously discussed. You said "...Uncanny, but their seems to be a correlation of trends by sector; however, I am still skeptical." By this, did you think there wouldn't be? If it is true, there are some fun ways to approach this. One is that the success of the leadership attracts investors buying within the sector at all levels. For example the recent gains by BMY, PFE and WLA have stimulated investors to seek out comparable rewards in lower priced and early concept stocks. Another consideration is the ebb and flow of sector funds gaining investable dollars as the sector or its leadership does well. These passive investors are not your typical momentum players but effect the same results through their proxies. A question I'm curious about is the absolute value of inflow and outflow of money relative to price. I suspect if it takes a steady stream of say 50 million new dollars to move XYZ stock up 10 points over a month... it could take only 10 million relentlessly sold to drop the price back 10. I assume also you'll maintain the current data sifting through a useful period of time. If so, keep posting the results. Last, I've found a site which posts 45 second updates of 15 minute volume/price accelerations. Interesting, though 15 minutes of activity does not a good trade make. Jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next