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Strategies & Market Trends : Waiting for the big Kahuna
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To: Joss who wrote (34211)11/23/1998 7:37:00 PM
From: HairBall  Read Replies (1) of 94695
 
Joss: The Cumulative Tick for the NYSE or NASDQ is just the direction of the majority of stocks in the Index during a given time interval, not the magnitude of each up or down tick per stock.

So, if the tick is moving marginally or even to the opposite direction of the Index, it means a minority of stocks are controlling the Index.

This IS camouflage for the Big Boys.

Regards,
LG
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