The SPX had it's HIGHEST volume January since.... last January. The Nasdaq had it's LOWEST Volume January since .... January 2003.
Charts posted on General Discussion Thread at
www.*.com
The Glaring Disparity Beween NAS and SPX Volume
Started by
SemiBizz
, Feb 01 2009 12:07 PM
13 replies to this topic
#1
SemiBizz
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Volume Dynamics Specialist
Posted 01 February 2009 - 12:07 PM
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#2
Rogerdodger
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Posted 01 February 2009 - 12:25 PM
I have to pay to read it? 
AND I HAVE TO BE $ERIOUS?
($erious)
ARE YOU $ERIOUS?
AND I HAVE TO BE $ERIOUS?
($erious)
ARE YOU $ERIOUS?
Edited by Rogerdodger, 01 February 2009 - 12:26 PM.
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#3
SemiBizz
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Posted 01 February 2009 - 12:27 PM
I have to pay to read it?
AND I HAVE TO BE $ERIOUS?
($erious)
ARE YOU $ERIOUS?
No, it's on our general discussion thread, FREE to everyone.
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#4
Rogerdodger
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Posted 01 February 2009 - 12:29 PM
Does Da_Cheif post there?
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#5
SemiBizz
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Volume Dynamics Specialist
Posted 01 February 2009 - 12:32 PM
Does Da_Cheif post there?
Nope, but I'm having Prime Rib Roast of Bull for dinner tonight...
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#6
U.F.O.
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U.F.O.
Posted 01 February 2009 - 12:38 PM
Higher concentration of financials on S&P that are being sold (shorts and outright long liquidations) are the probable reason for this.
U.F.O.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~
~Benjamin Franklin~
#7
SemiBizz
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Volume Dynamics Specialist
Posted 01 February 2009 - 12:50 PM
Higher concentration of financials on S&P that are being sold (shorts and outright long liquidations) are the probable reason for this.
U.F.O.
That's pretty clear, but why would Nasdaq volume be so thin?
There might be something bullish there... we'll let the charts tell us.
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#8
traderpaul
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Posted 01 February 2009 - 01:25 PM
We rally in December with thin volume.......That was not bullish.....Now, we decline with thin volume that is also bullish?.....Last Wednesday, market gap up and kept on going until the final hour, volume picked up on the down side....That was the ST, IT top.....We need massive volume for the down side to be bullish!Higher concentration of financials on S&P that are being sold (shorts and outright long liquidations) are the probable reason for this.
U.F.O.
That's pretty clear, but why would Nasdaq volume be so thin?
There might be something bullish there... we'll let the charts tell us.
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
#9
unosuke
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Posted 01 February 2009 - 01:57 PM
The Nasdaq had it's LOWEST Volume January since .... January 2003.
January's high (1665.56) could be the "C point" of an A-B=C-D pattern.
The A point is 2473.20 (August high).
The B point is 1295.48 (November low).
That would project a "D point" at . . . 487.84
Current Positions: Long EEV @ 40.29, Long DUG @ 24.66, Long DXD @ 59.62, Long SDS @ 72.70, Long TWM @ 61.84, Long QID @ 48.21, Long FXP @ 20.43, Long SSG @ 43.76, Short XOM @ 69.31, Short AAPL @ 117.52
#10
SemiBizz
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Volume Dynamics Specialist
Posted 01 February 2009 - 02:00 PM
Maybe Uno... but you know the drill, we have to see strong volume at the B point...
That's why I have to reserve judgement. Haven't seen that volume pickup....
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
