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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (34210)11/23/1998 5:19:00 PM
From: Gersh Avery  Read Replies (3) of 94695
 
Hi James, Re Tick ..

OK tick just shows a trade .. doesn't matter if it is one share or 100,000 shares each trade counts equally for the purpose of figuring out the tick.

Now the trin .. the trin is weighted for according to volume of the trade.

What we had this afternoon is that there was a lot of small trades going off at the bid and large trades going off at the ask.

Seems to me that the specialists were trying to accumulate shares off the small trades to get the supply for the big blocks.

Gersh
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