Hi LG,
I heard this thread was looking for new contributors, so I thought I would drop by to say hello.
A tidbit for the market technicians:
Date ///// NAZ up vol ///// NAZ down Vol ///// Percent up to total
12/3/2002 270911162 1353903289 --------- 17%
12/4/2002 273737830 1540281821 --------- 15%
12/5/2002 393887629 1025656344 --------- 28%
12/6/2002 955111771 503401864 ----------- 65%
12/9/2002 103603953 1372762269 --------- 7%
In reviewing data back to Jan 1998, I cannot find any 5 DMA (of % up volume) lower than these 5 days. What are the implications of this??
I also noted that TRIN5 at that time was hovering around 9, and many of the guru market modelers (Zeev, Don Sew), have come out with ST Bullish signals since that time. In fact my own ST model pumped out a buy on Friday, but I do not claim to to possess the sophistication of the above names.
Warpfactor