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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Stephen who wrote (54403)	9/30/1998 7:08:00 PM
From: stockycd	Read Replies (2) \| Respond to of 58727

Since the TICK is just a net count, it can provide one with the direction of the overall market with respect to the previous TICK. The TICK seems to me to be a better minute to minute indicator. e.g. The NASDAQ breadth can be negative but a couple of big guns like MSFT, AMAT, and DELL can make the index positive if they are way up. But as Don indicated, the DOW was way down and the TICK was way up. That is a very (short-term) bearish indicator. One more point, with the TICK up so late in the day, on a big down day, does that lend to more people initiating short positions since they can only occur on the uptick? Am I making any since??? Help... CD