Distribution Days 4-24-07

24 04 2007

Wow, I haven’t been paying attention to the distribution days (as measured by IBD). Here is the current count.

4 for the Nasdaq
3 for the NYSE
2 for the S&P 500
2 for the Dow

Remember, 4 or 5 distribution days in under 4 weeks is very often a warning that institutional investors are selling.

Previous Post


Actions

Information

Leave a comment

You can use these tags : <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>