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


To: GROUND ZERO™ who wrote (83067)6/22/2013 5:14:48 PM
From: ONEGOAL1 Recommendation

Recommended By
D.B. Cooper

  Read Replies (1) | Respond to of 206879
 
da_cheif - thanks for your input - will investigate that info.

GZ - such a lopsided adv. vs. dec. vol to me seemed to indicate capitulation - if the big boyz were dumping at an 18-1 ratio there is no way the little guys could/would absorb it with such little price decline (relatively speaking) - so it seems it must have been j6p selling stocks, and also bond related funds, eem etfs etc - which was being absorbed by the larger players.

Also, $NYMO divergences and NYSE summation index back to just below 0, which had not happened since last Nov. 2012 - and we all know what happened after that ....

stockcharts.com

(hope this link works)