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

To: Haim R. Branisteanu who wrote (21313)	7/28/1999 5:22:00 PM
From: James F. Hopkins	Read Replies (2) \| Respond to of 99985

Not yet, I just set up this new indicator it's just the flow in or out of the major "traded" stocks. Not the bigest caps, not the most widely held, but just the ones that have the highest daily dollars traded using the 3 month dly volume X price. I consider it a short term indicator only, but that fit's into my trading style. 8 of the 11 were up on heavy volume and the composit was up 2.16% & that's not bad. In short it's the sheer volume that makes these stocks liqiud as hell, this is the GANG where they park or withdraw the most money, and the parking lot was busy today. Jim