Technical_Analysis_page_142

Technical | Analysis page 142 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

Chapter 7 Sentiment 113 Standard & Poor's 500 Stock Index Drs e ows we 2002 2003, 2004 2005, 2005 007 2008 2009 aio Volume Rao 5-Day Smoothing 7ngR010 =1.8 Excessive Speculation FIGURE 7.14 = Ratio of NASDAQ volume to NYSE volume (August 1998—july 2010) Uninformed Short Selling Historically, short…