Go to Jeff Salisbury LWGate Home Page.From: esetser <esetser@covad.net>
Subject: Re: [CANSLIM] accumulation/distribution days
Date: Sat, 15 Dec 2001 09:50:58 -0800
Next Article (by Subject): Re: [CANSLIM] HGS Watch List Gene Ricci
Articles sorted by: [Date]
[Author]
[Subject]
Tom, the questions was accumulation and distribution "DAYS". I believe you have addressed the overall, long term effect. I would agree with Katerine's definition for days. At 05:39 AM 12/15/01 -0500, you wrote: > Katherine, I must disagree somewhat on this. You describe what is >probably a more traditional definition. But different sites will do it >differently. DGO describes it as the result of a proprietary formula (so we > don't get to know how they calculate it) which analyzes each days trading >activity for both price and volume, and over a 13 week period. One >feature I really like, and use, with my quote service at FreeRealTime is a >VWAP (Volume Weighed Average Price). I can look at it any time of the day >and tell if a stock is being accumulated or distributed. When I was an >active broker, and getting first hand trading by WON staffers, the way >they explained Accum / Dist to me was that accumulation was when the funds >were buying it, distribution was when the funds were selling it to retail >buyers. This latter situation is often characterized by high volume with >little if any price gain. I suspect the DG / DGO proprietary formula is >weighed along similar lines. Tom Worley >stkguru@netside.net >AIM: TexWorley > ----- Original Message ----- From: Katherine Malm To: >canslim@lists.xmission.com Sent: Friday, December 14, 2001 11:01 PM >Subject: Re: [CANSLIM] accumulation/distribution days > Hi Rolf, & D are fairly straightforward, whether for a stock or >a market index: An accumulation day is one in which the price ends >higher on volume higher than the previous day. A distribution day is >one in which the price ends lower on volume higher than the previous >day. So, for example, a warning sign that the market may be >topping would be 4 distribution days within 2 weeks. or were days >with high volume and little/no price progress. The follow-thru day is >just a special application of an accumulation day for a market index. >That is, after a market low has been printed, you're looking for >accumulation of 2%+ within 4-7 days of the first rally off the low. > Katherine ----- Original Message ----- From: rolf >hertenstein To: canslim@lists.xmission.com Sent: Friday, December >14, 2001 8:59 PM Subject: [CANSLIM] accumulation/distribution >days > Just dug through HTMMIS and IBD's Investor's Corner Archives, and >I Is an accumulation day &P, or NASD rise on higher volume, >or do they Ditto for a distribution day - simple drop in a major >index on higher volume, or is there also a % drop. Thanks! > Rolf > > - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
Next Article (by Subject): Re: [CANSLIM] HGS Watch List Gene Ricci
Articles sorted by: [Date]
[Author]
[Subject]