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


To: Joss who wrote (34204)11/23/1998 4:49:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 94695
 
Steve; It really don't make sense , I was getting my tick from
Quote.com and wonder if I got bad data, I can't see how the NY
volume was so positive with that much negative tick, this may
have fooled hell out of me.
Just the same I sold just before the close, it didn't look kosher
and I didn't want to hang on as this run up looked like it
was having a blow off top.
S/MMs doing wash trades, and selling short to
shorts who were buying to cover is what I picture.
That may make the volume look like it was up more than it really
was, but I'm not sure. I haven't seen this before were the tick
and volume were so far different.
Maybe I got bad data ?
Jim




To: Joss who wrote (34204)11/23/1998 6:01:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 94695
 
Joss strong hands selling to weak hands

BWDIK
HAIM



To: Joss who wrote (34204)11/23/1998 7:10:00 PM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
Steve,

IMHO tomorrow may be a reversal top. Intermediate or otherwise... and then a couple of down days!

Bill