There's been two 80%+ up vol days on NYSE...after a climactic 90%+ down volume day.
Typical for the start of another rally...still long from June, 2006.
D
88% up volume day
Started by
danzman
, Jun 13 2007 07:53 PM
3 replies to this topic
#1
danzman
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Posted 13 June 2007 - 07:53 PM
I don't make predictions, I just react.
#2
wyocowboy
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Posted 14 June 2007 - 07:19 AM
Well done danzman - and thanks for pointing out the 80% days - as I recall Lowry's has some data on the significance of it....
Good luck is with the man who doesn't include it in his plan.
- Graffitti
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#3
LeroyB3
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Posted 14 June 2007 - 08:35 AM
Lowry's does 90% days...not 80%.
LB
#4
danzman
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Posted 14 June 2007 - 02:40 PM
Lowry's does 90% days...not 80%.
LB
Their study covered both. A couple 80%+ up days often lead to a rally. 90%+ were better indicators.
90%+ down days are climactic more often than not.
D
I don't make predictions, I just react.
