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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: da_cheif™ who wrote (14065)	3/16/2004 1:30:34 PM
From: dvdw©	Read Replies (1) \| Respond to of 206748

That would be nice....a bottom I mean, but I cant see how. There is a lot of money net short....with calls to hedge....but there is little supply, and in my universe of issues, almost everything is locked up. I have some numbers I keep on 23 stocks in a mini portfolio which keys off comparative volume. By way of example yesterday the NAZ and its 3298 Issues traded 1Bil 739 mil shares. That represents an avg vol of 527,449 per issue. MY mini portfolio vol monitor (23 Issues) has a combined market float of 588 million shares; yesterday the market dropped 2 %. These issues dropped at the same rate as the avg, yet the combined volume of all the issues traded was 5 million 900 thousand shares. My 23 issue volume monitor represents.006973% of all NAZ issues traded. My Little groups vol yesterday was.00343% of naz total vol. and more importantly this group traded .01% of its potential vol. Telling me that all other float issues are overriding the facts of the gross trade......which concludes we are in for more obfuscation, because the Shorts are rising......for a churn harvest.....Mr Markets got his own agenda.