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Lowry's 90% up day?
Started by
Shazzam
, Aug 29 2007 07:38 PM
4 replies to this topic
#2
kaiser soze
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Posted 29 August 2007 - 08:27 PM
According to the WSJ, the upside volume was close to 95% of the total volume-so yes the volume criterion is satisfied.
To be a bonafide Lowry's 90% day, the total points gained (by all the individual stocks in the NYSE) also needs to be greater than 90% of the total points up or down.
The second number requires at the minimum a spreadsheet for calculation and I dont know if the second criterion was satisfied by today's action.
Most people (including Bob Pisani on CNBC) use only the volume numbers when they refer to a certain trading session being a 90% day.
#3
mortiz
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Posted 30 August 2007 - 05:28 AM
Kaiser,
Wednesday's NYSE (all issues) price changes were $2313 up, $140 down according to the daily NYSE data dumps... which is about 94% up, so should fit the Lowrey criteria.
Wednesday's action followed a 2.8% price change up day on Tuesday.... day trader's dream.
Randy N.
#5
greek179
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Posted 30 August 2007 - 07:39 PM
Kaiser,
Wednesday's NYSE (all issues) price changes were $2313 up, $140 down according to the daily NYSE data dumps... which is about 94% up, so should fit the Lowrey criteria.
Wednesday's action followed a 2.8% price change up day on Tuesday.... day trader's dream.
Randy N.
How do you get that data?
Peter
