Posted by frtaylor on 31st of Jul 2012 at 08:58 am
An update on the ratio of up to down volume: last Friday's
ratio showed the most accumulation of stock yet for 2012 (according
to Haver's newest chart), which was contrary to Monday through
Thursday's weak up/down volume ratio. So I was wrong to state
that the volume as of Friday showed weakness. Instead,
Friday's numbers are showing accumulation - strength.
An update on the ratio
Friday's frenzy
Posted by frtaylor on 31st of Jul 2012 at 08:58 am
An update on the ratio of up to down volume: last Friday's ratio showed the most accumulation of stock yet for 2012 (according to Haver's newest chart), which was contrary to Monday through Thursday's weak up/down volume ratio. So I was wrong to state that the volume as of Friday showed weakness. Instead, Friday's numbers are showing accumulation - strength.
a related chart from Fri
Posted by bkout3 on 31st of Jul 2012 at 09:28 am
a related chart from Fri shows MF moved up but is still lagging price