hi SI, i'm a lurker trying to learn and appreciate the insight as to what other traders use for indicators.
just one simple question: what do you mean by distribution? i would guess that there are various answers depending on your point of view: MMs, J6P, technical analysis, or fundamental analysis.
Interesting most of my technicals are calling for another breakout here and another strong leg up. Ive been long since 7400 and QLGC from 20/21 and have posted as such. Im seeing many many explosive setups here just as MSFT was setup....consider this...MSFT is breaking out of a double bottom that measures up to the 63 level based on T/A. The affect on the indices should be quite strong. Even laggard stocks like YHOO are coiling here and are poised for a strong breakout in the week or so ahead. I just love reading about all the skepticism here...tells me there is HUGE sideline cash that will only serve to chase this move on the upside. When the internals unwind and we put in some type of objective topping ill move to the short side....but not before!