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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Cash who wrote (3293)8/24/1999 10:42:00 PM
From: -  Read Replies (1) | Respond to of 18137
 
Cash, The important thing to understand about VWAP is how it effects the big guys thinking and trading. If the institutions are buying a stock into the close and it's trading above the VWAP, you know they must want that issue BAD -- i.e. they are "buying sloppy" (in a hurry without regard to price ramp, poor form). That's another bit of evidence saying "carry me overnight" if you're long.
-Steve