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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (16455)6/8/1999 7:20:00 PM
From: John Madarasz  Read Replies (1) | Respond to of 99985
 
Not quite sure...

by whom.

Does accumulation by professionals mean distribution from amateurs(usually at low volume and lower prices), and does distribution from professionals mean accumulation by amateurs(usually at much higher volumes and higher prices)? I look at volume for the answer to those riddles of accumulation and distribution, not opening and closing prices. I'll have to try it your way also. Thinking cap now on. Any further explanation/theory greatly appreciated.

Now, who's on first again?...and what's on second?

Thanks,
John



To: GROUND ZERO™ who wrote (16455)6/10/1999 10:00:00 AM
From: John Madarasz  Respond to of 99985
 
GZ...Just picked up the edited reply...

Will study charts accordingly.

Thanks again, John