Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] Volume
Date: Mon, 1 Jul 2002 20:58:44 -0400
Previous Article (by Author): Re: [CANSLIM] Earnings Confidence "Tom Worley"
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This is a multi-part message in MIME format. - ------=_NextPart_000_009E_01C22142.16916260 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Rolf, There is still a lot of double counting that goes on with Naz stocks. I = suspect if you check the WCOM trading volume for today, you might find = the discrepancy as likely a lot of the dumping was not with the market = makers. - ----- Original Message -----=20 From: rolf hertenstein=20 To: canslim@lists.xmission.com=20 Sent: Monday, July 01, 2002 6:20 PM Subject: Re: [CANSLIM] Volume A quick look at YAHOO shows the NASD did almost 3.0 B shares, while the=20 nasdaq.com site shows 2.3 B. I've seen differences before. Anyone have = insight? I'm guessing the two sites count differently, e.g., YAHOO includes some = smaller guys that the nasdaq site does not. Rolf Take away Worldcom and the nasdaq volume today was just .8 B shares? = Isnt that low for a 4% drubbing? Same with the NYSE - Volume was 1.4B = for a loss of 139 points. =20 Just as we had runaway topping structures forming Jan - Mar 2000 can = we be seeing the exact opposite happening? Now if we get a "reverse = churn" - high volume - no action - would that be considered +ve? =20 Signed, Yours sadly, The Eternal Optimist. =20 - ------=_NextPart_000_009E_01C22142.16916260 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Dwindows-1252"> <META content=3D"MSHTML 6.00.2716.2200" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV><FONT face=3DArial>Rolf,</FONT></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV><FONT face=3DArial>There is still a lot of double counting that = goes on with=20 Naz stocks. I suspect if you check the WCOM trading volume for today, = you might=20 find the discrepancy as likely a lot of the dumping was not with the = market=20 makers.</FONT></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV style=3D"FONT: 10pt arial">----- Original Message -----=20 <DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20 title=3Drolfh@mindspring.com href=3D"mailto:rolfh@mindspring.com">rolf=20 hertenstein</A> </DIV> <DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20 href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= </DIV> <DIV><B>Sent:</B> Monday, July 01, 2002 6:20 PM</DIV> <DIV><B>Subject:</B> Re: [CANSLIM] Volume</DIV></DIV> <DIV><BR></DIV> <DIV><FONT face=3DArial size=3D2>A quick look at YAHOO shows the NASD = did almost 3.0=20 B shares, while the </FONT></DIV> <DIV><FONT face=3DArial size=3D2>nasdaq.com site shows 2.3 B. I've = seen=20 differences before. Anyone have insight?</FONT></DIV> <DIV><FONT face=3DArial size=3D2>I'm guessing the two sites count = differently, e.g.,=20 YAHOO includes some smaller</FONT></DIV> <DIV><FONT face=3DArial size=3D2>guys that the nasdaq site does = not.</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2> Rolf</FONT></DIV> <BLOCKQUOTE dir=3Dltr=20 style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; = BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px"> <DIV style=3D"FONT: 10pt arial"><FONT face=3DTahoma size=3D2><SPAN=20 class=3D873581121-01072002>Take away Worldcom and the nasdaq volume = today was=20 just .8 B shares? Isnt that low for a 4% drubbing? = Same with=20 the NYSE - Volume was 1.4B for a loss of 139 points. =20 </SPAN></FONT></DIV> <DIV><FONT face=3DTahoma size=3D2><SPAN = class=3D873581121-01072002>Just as we had=20 runaway topping structures forming Jan - Mar 2000 can we be seeing the = exact=20 opposite happening? Now if we get a "reverse churn" - high = volume - no=20 action - would that be considered +ve? </SPAN></FONT></DIV> <DIV><FONT face=3DTahoma size=3D2><SPAN=20 class=3D873581121-01072002></SPAN></FONT> </DIV> <DIV><FONT face=3DTahoma size=3D2><SPAN=20 class=3D873581121-01072002>Signed,</SPAN></FONT></DIV> <DIV><FONT face=3DTahoma size=3D2><SPAN=20 class=3D873581121-01072002></SPAN></FONT> </DIV> <DIV><FONT face=3DTahoma size=3D2><SPAN = class=3D873581121-01072002>Yours=20 sadly,</SPAN></FONT></DIV> <DIV><FONT face=3DTahoma size=3D2><SPAN class=3D873581121-01072002>The = Eternal=20 Optimist. </SPAN></FONT></DIV></BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_009E_01C22142.16916260-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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