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

To: James F. Hopkins who wrote (17094)	4/22/1998 9:40:00 PM
From: Byram	Read Replies (1) \| Respond to of 94695

James....I was playing today real close to the market - I was feeling what you are saying..Obviously I was frustrated as hell...But what I'd like to know is - what will it mean in real trading terms..... Byram

To: James F. Hopkins who wrote (17094)	4/23/1998 9:51:00 AM
From: ViperChick Secret Agent 006.9	Read Replies (1) \| Respond to of 94695

other than the question above the main guist was to say again an index can move up when a few thinly traded stocks move up more, than the heavy traded ones move down. In short the market can be running opposite the index..and when it does TA on that index is worse than useless it will kill you. I am totally confused I thought these were the things that made a difference: their weight in the index...their overall impact on the index. how the index is being calculated: price-weighted, cap-weighted, or equal dollar weighted can you give me an example of what you are talking about?

To: James F. Hopkins who wrote (17094)	4/23/1998 11:53:00 AM
From: Barbara Barry	Read Replies (2) \| Respond to of 94695

Jim, That is an excellent point.I have often seen this divergence and never could come up with theory that could help me KNOW where the market was REALLY headed.My system is not great...just sorta homemade.But that is why I watch this site: quote.com Ticks have often gone the other way than the markets, the trin and vix.It's beyond me to know what to make of the ticks sometimes. I also look at the advancers then add the unchanged to that and then compare that to the decliners to see how good or bad a day it is. What do the ticks really tell you? WE know about the rotation huge money flows and it can't go on too much longer,IMHO...but unless the - ticks really get huge,will it make a difference to the dipsters and the WHEN is the toughie! Please let me know how you use the ticks and what weight do you give them. Regards, Barbara