tag:blogger.com,1999:blog-6616959642391988608.post4265365956668281788..comments2024-03-19T02:45:37.685-07:00Comments on Calafia Beach Pundit: Leading indicators continue to look very bullishScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6616959642391988608.post-75902971574397741292010-04-19T16:07:22.234-07:002010-04-19T16:07:22.234-07:00`I'm not aware of that indicator`I'm not aware of that indicatorScott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-32658012304044263092010-04-19T15:21:16.270-07:002010-04-19T15:21:16.270-07:00I wish I had the data but there is a VERY good equ...I wish I had the data but there is a VERY good equity manager based in Nashville, TN that had an indicator he called the 'smart money' indicator. PLEASE don't hold me to this but Benj tripped an old memory with his post - the indicator measured the first hour's trading VS the final hour's trading over many days and somehow quantified it. The theory was that early trading was Johnhttps://www.blogger.com/profile/11652253509768573561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-52726020023020160922010-04-19T13:43:31.317-07:002010-04-19T13:43:31.317-07:00After hitting the canvas in a.m., the DJI rallied ...After hitting the canvas in a.m., the DJI rallied hard in afternoon, way back over 11,000.<br /><br />I know this is just one day, and 11,000 is just a number. <br /><br />Still, this was heartening. We are now getting rally days even when there is some bad or so-so news, and even if the a.m. looks ugly.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com