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To: JohnG who wrote (106920)10/12/2001 3:02:15 PM
From: The Verve  Respond to of 152472
 
That ratio has been in favor of the buyers for the last week and strongly in favor of the sellers for the last few months. I've always thought of it as a contrarian indicator...now I'm changing my mind.



To: JohnG who wrote (106920)10/12/2001 3:02:22 PM
From: marginmike  Read Replies (1) | Respond to of 152472
 
Island buy vs sells is usially a contr indicator. When it gets extreme usially means buying is done for a bit. JMHO



To: JohnG who wrote (106920)10/12/2001 3:04:19 PM
From: JGoren  Read Replies (2) | Respond to of 152472
 
I expect sellers in the last hour. With threat of terrorist actions and so many events that could occur over the weekend, a lot of traders and some investors will want out before the weekend.



To: JohnG who wrote (106920)10/12/2001 5:07:22 PM
From: puzzlecraft  Respond to of 152472
 
The size/number of the orders in the queue is so small that if there was any value to the predictions, manipulators could very easily rig the board. That said, the ratio was positive during most of the dot.com boom and negative during the dot.com bust, so perhaps it is saying the bust is over.


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