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On the other hand a down gap open in the futures only has a 25% chance of a
higher close....
So my bet although jaundiced would be that the futures close lower than
yesterday...
one tick is all it takes..
DonSubject: [RT] Mkt - NYA volume
> Just thought I would throw this picture into the confusion today. At this
> moment the bears are hoping to sell this low volume period and the bulls
are
> polishing their horns for an afternoon charge at el toreador. Its easy to
> get fooled about price trend when most of the volume action occurs in the
> early and late hours. The midday is sort of a rethinking or maybe
> regurgitation period. Each day this time, the flow rate drops to between
> 1.5 and 2 million shares per minute. One key is to watch the RSI on price
> as it enters the third period of the day.
>
> bobr
>
>
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