Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Joseph G. who wrote (24922)	8/22/1998 6:10:00 PM
From: Monty Lenard	Read Replies (1) of 94695

We do know market went up since midafternoon - the point is it went up on a much smaller volume than that on the way down in the morning. The closing hour (45 min) volumes you give are small No question about that! And I am not saying that this puppy is healed and ready to get out of the hospital. Joseph, I am talking about RELATIONSHIPS not the numbers. 14% of the days volume was traded in the last 40 minutes with a strong bias toward the adv vol (3.9 to 1). It started that direction when the DOW went under 8400 and HUGE buy programs kicked in. Monty

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