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


To: William H Huebl who wrote (13124)1/13/1998 11:40:00 AM
From: James F. Hopkins  Read Replies (2) | Respond to of 94695
 
Bill; What I'm looking at I may not want to bet on, but I would
not bet aginst it. You got me on the A/D to some extent,
I know it can lie, but have not set up an easy way of seeing when,
It may take some doing but I can program it in, and see how
the A/D MEga vs. TAIL add up; also when the Ds outnumber
the As , but when As win on volume and total % gained, then
looking at the A/D number with more Ds in it is like having
a cracked mirror. Or one of them that changes the depth
preception. In short I can't use A/Ds unless I take them
apart, it's the way my mind works. I have to look under
the rock, or at the other side of the coin.
Yesterday Ds out numbered As ( in number only ) but
in shares traded, & price gain, The As won hands down.
The Ds were more in number but did not represent the majority
of votes cast. Got to count the actual number of votes,
not all voters in the market have the same clout.
It's sort of like with a "proxy" there may be 2000 voters,
but a few with the majority of shares, often
veto or overide the way the majority of the voters go.
The market is not Democratic, the votes belong to them
who have the most money in it.
Jim