Replies to post #61876 on Zeev's Turnips Patch-No Politics (ZEEV)

[ajtj99]

Actually, the Naz tic has been pretty useless for the last 9-months. The NYA tic appears to work just fine, IMO. We don't have that much disconnect in the markets, and since the SPX went bad last year, I don't think we see as much jumping from tech to non-tech like we did in 2000 and 2001. Therefore, the NYSE Tic should be a good barometer for both markets.

[mlsoft]

"Yes, but I can no longer make head and tails with the Naz tick count (g), anemic, range is getting narrower all the time, something fishy...."
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Zeev...

You think there is something fishy about the tick numbers (and a number of other similar anomalies in this market) but the simplest explanation is often the best - market manipulation by the Fed/PPT, entering in on all potential selloffs. That gives the positive extremes and prohibits the negative extremes from occurring. It has been very obvious the past few sessions.

Just my opinion.

mlsoft