SI
SI
discoversearch

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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Oeconomicus who wrote (55358)9/26/2001 3:19:09 PM
From: bearshark  Respond to of 94695
 
Bob:

I think everyone who uses the ARM's uses it differently. Although the 10-day ARM's is a part of the information I collect, I add the numbers and then "normalize" it to compare it with other averages. The 10-day with the numbers 1.3 and 1.5 are just interesting to me. I never really tested it alone.

I generally view the action of issues to represent individual investors and volume to represent funds and institutions. Both issues and volume are components of the ARMs. Since May 2001, things have been out of balance. After the INDU high of 11388 for that move, the volume deteriorated more quickly than issues. Apparently the individual, using his/her own gambling money, remained too positive. That continued until around the end of August 2001 when things began to come into balance Last week everyone and everything wanted out with the same desire which added to the balance. When issues and volume are in relative balance, the extremes are rare and more meaningful. We may not see another 1.5 or 1.3 for a while.