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What time frame are you focused on when you trade this way? In other words, how far are you projecting ahead when you decide the market is going up or down and then execute a trade? Thank you for sharing.

The following charts compare new highs minus new lows in the present period and in 2003. Would anyone like to venture an explanation for the unusual behavior seen lately? http://seekingalpha.com/article/136435-ongoing-observations-on-nyse-volume

I have scanned parts of the second paper. It does appear that the proposals for a transaction tax that are currently floating around may have originated in part from this paper. They use the acronym “STET” for “Security Transaction Excise Tax.” I do not agree with the authors...