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


To: Matthew L. Jones who wrote (24355)9/1/1999 9:34:00 AM
From: donald sew  Respond to of 99985
 
Matt,

>>>> When the closing bell rang, the dow was at -68... in a matter of 3 minutes or so (when the large amount of Market on Close orders were posted), the dow had dropped to -85. I've been watching the market for years and I have never seen this big of a shift based on MOC orders alone. <<<<

I also dont know what to make of it either, so it could just be an anomoly that may or may not mean anything. On a statistical basis, I cannot come up with a viable conclusion since such pattern has limited history.

seeya