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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Investor2 who wrote (1597)	12/14/1998 1:04:00 AM
From: Lee Lichterman III	Read Replies (2) \| Respond to of 99985

Don't know about you, but I know I didn't sell 20,000 then 30,000 option calls last week on MU, (I think that was the one I was watching from memory). Also when 500 blocks are going through on the ask and 20, 30, and 50K blocks of stock are going out on my screen of the smaller companies, I "assume" that it is a small guy buying and a big boy selling. The big boys are the funds in "Lee-speak" <g> Now I know the expected response is where there is a big seller there is a big buyer but when the price drops and slides as those big blocks move across, I interpret it as selling. When the big blocks move across as the price rises then I get bullish. Call me old fashioned but I follow block size, volume and direction. <g> I also watch moneyflow on the charts although I understand not everyone trusts it as it can change depending on the source of feed. Lee