[CANSLIM] market statistics

From: "Patrick Wahl" <pjwahl@attbi.com>
Subject: [CANSLIM] market statistics
Date: Sat, 22 Jun 2002 13:25:01 -0600

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Some interesting info on changes within the market and what that does to market 
indicators, this is from a 4/24 transcript from Linda Rashke I was reading -


11:24:59 We have been seeing majority of buying go into the 
small cap shares for the past two months...

11:25:10 We have been noting the distortion in the ticks 
because of this.

11:25:25 We have seen HIGH trin yet high ticks readings on and 
off for past few months.

11:25:56 Part of the distortion is caused by the fact that 
49%% of listed NYSE shares are now non operating 
companies...the majority of them bond related....

11:26:01 listed bond funds....

11:26:35 so, as you see on day's like today where you have 
upward bias across the yield curve, we see stronger breadth,

11:27:05 and the trin will be higher at times since it may 
look like disproportionate amount of volume is going into DOWN 
issues....

11:27:18 Since we went to DECIMALIZATION on listed shares,

11:27:37 many of these bond funds which would not fluctuate in 
the past, now may be

11:27:58 up on the day by one small tick...it still adds 
distortion to some of the market internals.



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