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To: mauser96 who wrote (7519)10/31/1997 12:48:00 PM
From: D.J.Smyth  Respond to of 25960
 
speaking of oscillatoin weight of buyside trades to sellside trades.all red above the line indicating accumulation at $23 to $23 1/2. thus far



To: mauser96 who wrote (7519)10/31/1997 1:14:00 PM
From: Mr. Aloha  Read Replies (2) | Respond to of 25960
 
That's not necessarly true.

We've seen a few large buys followed by multiple little sells that drove the price down. The Market Maker is just taking inventory of the sellers shares and get's freaked out when a session of sells comes through.

Yesterday's close was a good example of the impact of more sell trades than buy trades but does not neccesarly(sp?) mean that the total amount of selling outweighed shares purchased.

The TC2000 Balance of Power and Money Flow Indicators *TRY* to weigh the actual share pressure against each other and indicate whether the day's trades were positive or negative, regardless of the price action. They will make notations of "Accumulation" or "Selloff" in their daily commentary based on what *appears* to be happening inside of stocks they feature.

Yesterday actually showed a positive *green* indicator for the first time in over a month. Yet, the price was down? I'm curious to see what's going to show up today.

We'll just hafto see what happens......

Aloha