SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (38698)1/31/2000 5:07:00 PM
From: Benkea  Read Replies (1) | Respond to of 99985
 
heinz:

"on Friday we had a lot more sell side imbalances than usual...if anything, these data seem to work well as a short term (i.e. 1 day) contrary indicator."

Was that Friday afternoon? If so, I think it is a good non-contrary indicator for the first couple of hours - don't you? No way could we use em for anything longer. Rather, they show some end of month buying today. Question is, how long will this bounce last?