Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Square_Dealings who wrote (68502)	2/4/2001 12:26:25 AM
From: John Madarasz	Respond to of 99985

Mike, No need to apologize. I do find the report interesting, but as always I see this stuff as just another view. Reading into this obviously protected world is challenging to say the least... witness the recent change in reporting procedurals in regards to volume levels on the Nasdaq exchange. Obviously Friday 2/2 was a day of distribution in the index, but because of the new directives for reporting volume exchange of shares in the Nasdaq, very few in the market realize the discrepancy in the daily volume measurements. This was first brought to this threads attention by LG... Message 15289565 Do not adjust your set. . . Here's an interesting factoid for those of you who keep score on the Nasdaq volume. Beginning today it will be a lower figure, even if activity is the same as in the past. That is because, as I understand it, dealers that are involved in "riskless trades" will not double-count the volume. siliconinvestor.com What a joke. In my opinion this is just another example of the rules being changed in the middle of the game to keep the retail/small investor at a disadvantage. It's obvious "the market" is feeling the pressure to manipulate the odds to their advantage... again. I've read the discrepancy is around a 10% decrease in reported volume or so...no big deal. Almost Everyone is a bull so who cares, the bottom is in...right?<gg> ANOTHER warning signal that distribution is at hand. Caution here is most prudent. Best of Luck, John Madarasz