
Technical | Analysis page 210 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
Chapter 10. Flow of Funds 181 Ned Davis Research uses the number of offerings rather than the dollar amount so that the figures are not dominated by only a few huge offerings. The number relates more to the broad- ness of the tendency to sell out than to the actual money being soaked up, making it…