I use it as real time sentiment indicator. Whoa, MSFT new LOD. How badly do people want or not to buy those stocks. And the last half hour the TICK has been saying not very much right now. Look at that bounce back on MSFT. TICK and PREM seem to be saying the bounce back won't hold. We'll see in a few minutes. Come on QCOM, just a little more.
TICK told the tail of the tape today. What an end of day sell off. They tried a ramp, but the TICK topped out at 600 at 3:47 and was back under 0 by 3:49 and on that MSFT dropped to a new LOD.
Managed to get out of QCOM on the dive at the close for .88 and PSFT for .12 after missing my exit on it earlier. So I had a bucker day. And I'm happy if I get .20. Nice.
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