Barron's and Decision Point report the Net NYSE Member action on a two week delayed basis. Smart money selling is picking up volume wise. For the data being reported on a two week delayed basis, those last two weeks are big red sticks.
NYSE Member Net
NYSE Members Selling picking up
Started by
Darris
, Feb 23 2008 01:13 PM
2 replies to this topic
#2
SemiBizz
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- Traders-Talk User
- 23,217 posts
Volume Dynamics Specialist
Posted 23 February 2008 - 01:54 PM
Bulls are going to point out that odd lots short sales picked up... I think we're going to see a little bounce next week, but end down on the week.
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
#3
AChartist
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- Traders-Talk User
- 5,800 posts
Tim
Posted 23 February 2008 - 05:35 PM
Bulls are going to point out that odd lots short sales picked up... I think we're going to see a little bounce next week, but end down on the week.
Almost no room in the 14 RSI, it's virtually done.
The only possibility is the NDX. I'll just set stops on my longs and take profits
tues open when the retail buyers come in on the Monday close higher with collapsing breadth.
I'll let the bulls know when my sister calls the low, lol.
A 401k index buy and holder, says the news is crap. Her intuition is far above
the permabull TA around here.
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
