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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.38+0.1%Nov 12 4:00 PM EST
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To: bearshark who wrote (10984)4/14/1999 1:01:00 PM
From: donald sew  Read Replies (1) of 99985
 
Bearshark,

>>>>> For at least the last 13 or so days, the moneyflow on the RUT block trades has been negative--and fairly strong. It is probably around 19 out of the last 20 too. The non-block moneyflow is also generally negative. So in this sense, the RUT is still in a rut. The source for the data is the WSJ-interactive. <<<<<

Since I discovered that the RUT is now skewed by a few momentum RUT
stocks and no longer a good indicator, without factoring them out, of
the broader smaller market. What you mentioned makes sense now that the market can run the RUT up with significant selling.

thanks for the info.

seeya

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