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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (28180)8/22/2000 6:04:28 PM
From: donald sew  Read Replies (4) | Respond to of 42787
 
Paul,

>>>> Inverted hammers on the NDX/COMPX and SPX/OEX on rising volume? <<<<

I cant get intraday volume on the indicies but when I went to the QQQ's, the volume increased dramatically after the FOMC meeting (2:15pm) as the NDX was dropping. So from the intraday volume on the QQQ's it implies that SELLING VOLUME was increasing which is not good for the NDX. I presume that such would be the same for the actual indices.

If anyone can confirm that, that would be appreciated.