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Actually, I think Lowry also finds that market breadth should confirm the
volume. It did not today. As I mentioned, Paul Desmond's opinion is that the
NASDAQ numbers are not relevant, at least not at 9:1. He recently mentioned
92% up volume as being possible, something that we did not get today.
However, he has not completed the studies on it as yet.
Steve
---
Steven W. Poser, President
Poser Global Market Strategies Inc.
http://www.poserglobal.com
swp@xxxxxxxxxxxxxxx
Tel: 201-995-0845
Fax: 201-995-0846
-----Original Message-----
From: Dom Perrino [mailto:domenick@xxxxxxxxxxxx]
Sent: Friday, November 24, 2000 8:57 PM
To: realtraders@xxxxxxxxxxx
Subject: Re: [RT] More 9:1
Incidently,Martin Zweig does credit the Lowry Reports as to the source where
he first spotted this 9:1 volume ratio .However he mentions that over the
years he(Zweig) developed his own way of interpreting the up/down volume.
Dom ----- Original Message -----
From: "Steven W. Poser (psn)" <swp@xxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxx>
Sent: Friday, November 24, 2000 8:09 PM
Subject: [RT] More 9:1
> I got a bit mixed up. Thought you guys were talking about down days for
> capitulation.
>
> Also, Yahoo does not show 9:1. It misses by a bit.
>
> Steve
>
> ---
> Steven W. Poser, President
> Poser Global Market Strategies Inc.
> http://www.poserglobal.com
> swp@xxxxxxxxxxxxxxx
> Tel: 201-995-0845
> Fax: 201-995-0846
>
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxx
>
>
>
>
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