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Strategies & Market Trends : Analysis Class for Beginners

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To: Arthur Tang who wrote (818)6/5/1998 12:15:00 PM
From: Peter Lochowicz  Read Replies (2) of 1471
 
>>>>> When the transactions are very busy, more than one trade may be included in the same bar of volume per minute(Yahoo is recording by the minute); then the irregularity comes in, volume can include both buy and sell trades. Quote.com one minute chart then shows you a vertical line which includes both buy and sell prices. On sparsely traded stocks, free Yahoo works fine.

There you go Arthur. Your method of figuring out which trade is "buy" and which one is "sell" works fine only for sparsely traded stocks, many of which are NASDAQ, many of which are small caps. And many of those thinly traded ones have large bid/ask spreads, are subject to market manipulation, etc.
So how useful is your method really? I bet you can apply it to many pink sheets issues. So what?

Peter
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