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Strategies & Market Trends : ABNORMAL VOLUME AND BLOCK TRADES

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To: Essam Hamza who wrote (170)6/5/1999 6:00:00 PM
From: sherry  Read Replies (1) of 336
 
Essam ... Just found your thread. I like it.

How can one know if big volume and block trades mean Buying (demand increasing) and upward price movement or Selling (supply increasing) and price moving down?

I went over earlier posts and noted that block trading was highlighted for GMGC early in May. Price and volume was up that week but immediately both receded. Looks like "smart money" may have been dumping the stock ... Is there a way to tell?

Sherry
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