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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (27896)	9/1/2000 2:45:27 PM
From: Return to Sender	Respond to of 69946

Harry on F... I think you also need to keep in mind that we have to be at the end of an economic expansion. Interest rates are higher making it less attractive to borrow money on any big ticket item... like an automobile. Also look at those unemployment numbers and you'll begin to wonder if there won't be a few less people able to afford a car payment at all. RTS

To: Johnny Canuck who wrote (27896)	9/2/2000 2:17:13 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69946

Here is an interesting site. Check out the large block trading index indicator. wallstreetcourier.com The Global Futures Large Block Index is calculated from the number of upticks and downticks in large block transactions of single trades of 10 000 shares and over. An uptick is at a price higher than the last previous trade and initiated by a buyer. A downtick is at a price lower than the previous trade and initiated by a seller. The rationale behind the Large Block Index is quite simple. It measures activities and extremes in institutional sentiment and behavior. When the ratio of upticks rises to very high levels, it indicates that the institutions are buying heavily, reaching a fully invested position and therefore lowering their cash reserves. Conversely, when the ratio of downticks rises to high levels, it indicates that the institutions are selling and are raising cash. When the institutional behavior reaches extremes, the market will turn in a contrary direction. This indicator has often signaled major reversals and has also prevented investors from plunging into the market at the wrong time. The chart below shows you this indicator on a 10-day moving average.