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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (59091)7/30/2002 7:42:25 AM
From: stomper  Read Replies (1) | Respond to of 94695
 
Sometimes, a cigar is just a cigar.

-g-

-dave



To: GROUND ZERO™ who wrote (59091)7/30/2002 8:22:15 AM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
If you look at the volume patterns leading up to and through this recent low and compare them to ones over the past 3 years, they don't in any way match.

For example, the number of unchanged stocks dropped in both cases right up to the low, but in September, they jumped back up to correspond to the recovery.

Last week's low didn't work that way... started back up but then dropped back down to the low for that indicator yesterday...

And have you looked at new highs and new lows??? The number of new lows yesterday was 10 times the number of new highs???

So I say to Dave... and sometimes it isn't???

Go figger!!!