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Had you looked at the TICK you would also have noticed extreme negative
levels, as I recall.
--PJS
Harley Meyer wrote:
>
> I do read and try to respond to everyone that emails. I agree with what
> you are saying. But some times you have to get in the market and learn
> from the school of hard knocks. I can't learn by paper trading and don't
> work hard enough if i don't make a mistake. I did ok today. But could of
> done much better. But I learned something important today. Prior to the
> market turning up the up/down vol on the NASDAQ with 5 min bars had an
> extreme number of sellers for about a 10 minute period. It was the blow
> out which I got suckered into. But instead it turned around and the
> market headed back up as the buyers entered into the market. Very
> valuble information. Now if my guess is correct we might see an up day
> tomorrow on the DJIA and NASDAQ.
>
> We'll see.
> Harley
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