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

To: HairBall who wrote (41573)	2/28/2000 11:53:00 AM
From: James Strauss	Read Replies (2) \| Respond to of 99985

The Market... *************** You haven't mentioned volume, did you happen to look at the major increase in volume since last Oct? To what do you attribute that....rotation from old stogy stocks to new era ones? Just curious to hear your take... LG: We have sector rotation into the momentum stocks... Biotechs and technology are getting large transfers of money from other sectors... The Dow now has Microsoft and Intel... Two heavily traded stocks that average over 60 million shares a day... We also have faster turnover of short term trading thanks to the internet... With many new technology and biotech trading vehicles, we should continue to see this higher level of volume going forward... Jim