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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jack T. Pearson who wrote (83305)7/17/2002 5:06:43 PM
From: Patrice Gigahurtz  Read Replies (2) | Respond to of 99985
 
Anyone read in today's WSJ the article discussing the % of program/basket computer trading of late ? I assume most of the program trading was short selling ? It was suggested that program trading of late is so high in % of total daily volumn that the averages can't help but be erratic and off the charts. If we could better track the actions of program traders maybe we could better speculate on a new trading range going forward ?

Thanks