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To: QuentR who wrote (77877)2/10/2000 11:52:00 AM
From: David R. Schaller  Read Replies (1) | Respond to of 97611
 
QuentR, From what I can make of it Thompson I watch is essentially useless. This morning was a good example. huge buy interest. Mostly all blue. What was missing was an important reality..that the buy interest was about a point below last nights close.

I've seen very little relationship between the "buy/sell interest" and any subsequent market movement.

If your diagnosis is different, I'd be interested. I had hoped it would be a helpful indicator..but I mostly ignore it anymore.

Dave