Lowry's Update

I didn't realize that the spoo had a 90%+ up day on 10/11. What does Lowry's say about which market the stats are from? I believe they do their calcs on the NYSE, do you know if that's true?

countin' on you, man!
 
Chas: Lowry's uses the entire NYSE.

However, I think they will expand theirsample base because the NYSE is limited representation of the US equities Market.

I use the SP-500 becuase it reflects significant institutional activity.

2118 posts? You da man.
 
All % are down

NYSE:
87.5% volume
94% points

SP-500:
91.8% volume
94% points

Russell 3000:
89.6% volume
93% points

Severe down day. Worst (or best down) Lowry's day since September 12. BUt does not qualify as a 90% down day for NYSE.
 
Russell 3000

95.7% points up
89.74% volume up

SP-500:

97.5% points up
92% volume up

NYSE:

94.9% points up
86.58% volume up

Interesting, such strong numbers, so deep into a rally
 
Quote from dgabriel:

Interesting, such strong numbers, so deep into a rally
More...

Might be because of the holiday. Volume over all was less than yesterday's. Monday will be interesting.

--Db
 
Quote from dgabriel:

Interesting, such strong numbers, so deep into a rally
More...

dgabriel, thanks for keeping us up to date with Lowry's data. I had forgotten about it!

yes, that is interesting. We are well into a rally and there are beginning to appear some signs that it is long in the tooth.
 
NYSE Composite

Points down: 93.97%
Volume down: 94.88%

SP500

Points down: 99.4%
Volume down: 94%

A true 90% down day. The first 90% down day since September. Those familiar with the research behind these numbers know this suggests more intense selling to come, but is by no means a gaurantee of continued selling dominance.
 
NYSE:

Points up: 91.7%
Volume: 81.7%

S&P500:

Points up 95%
Volume Up 87%

Close, but no cigar.

If tomorrow is an 80+% day, the back to back would indicate some staying power.

A reversal coming on the heels of only one 90% down day has been ill-fated in the past, that is they were always bear rallies, not the end of the bear.
 
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