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Dick, thanks for your perceptions. Does this chart address the points you
bring up below?
BobR
At 12:55 AM 10/22/97 -0400, Dick byrd wrote:
>bobrabcd wrote:
>
>> The theory is that a flow rate in the neighborhood of 1.5
>> million shares per minute is needed to sustain a trend.
>
>- - - - - - - - -
>BobR:
> Your flow rate charts are most interesting, however I fail to see a
>correlation between price and flow rate as the market does its ups and
>downs. It certainly seem reasonable that some flow rate of shares would
>be needed to sustain a trend, but it would seem like the better
>statistic would be the advancing flow rate vs. the declining flow
>rate. Otherwise, you could see a high *total* flow start in an uptrend,
>but the high flow is due to declining issues and therefor the trend
>reverses on the high flow rate, the opposite of what your statistic
>expects.
>
>Dick
>
>
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