[CANSLIM] Distribution Days

From: "Scott Gettis" <sgettis@ucla.edu>
Subject: [CANSLIM] Distribution Days
Date: Mon, 15 Jul 2002 18:13:42 -0700

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In the new edition of HTMMIS on page 62, the book sites 3/10/00 and 3/24/00
as distribution days on the Nasdaq.  However, both days closed on lower
volume than the day before, so how can these days be considered distribution
days?
My understanding of a distribution days is
A) Index closes lower on higher volume than the day before
B) During an uptrend, the index barely closes higher(usually in the lower
half of its range) and has higher volume than the day before.


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