http://bit.ly/SxpKg with a close on the low of the day.
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Major Distribution Day
http://bit.ly/SxpKg with a close on the low of the day.
Very Ugly.
Selling Ratio 10 to 1.
These tags of "distributions" always intrigue me.
How - what methodology besides price/volume charting - does one know today is a "distribution" day? There are equal buyers and sellers of stocks. I just don't understand what else they use. Whatever they use does not seem to be discussed in the chart.
Lower we go from here.
