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Strategies & Market Trends : Waiting for the big Kahuna

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To: Greg Jung who wrote (32088)10/20/1998 6:34:00 PM
From: bearshark  Read Replies (2) of 94695
 
Greg: I keep a handwritten diary of advances and declines and advancing and declining volume during the day when I have positions in the market or when I am planning to take or close a position.

I know of no electronic diary for this information. I keep my diary to understand the internal workings of the market during the day. At shortly before 2 PM (ET) this afternoon, large chunks of money began leaving the market. The advances and declines hardly moved but the big money tipped its hand through this volume action.

These movements were fairly subtle (until the final dump on the NASDAQ).
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