"Member Trading" a Poor Indicator Excess of Shares Bought or Sold Shows Little Relation to Price Trend
ANY CONCLUSION AS TO the significance of recent figures compiled on member trading would be difficult to support. It has long been assumed that stock exchange members trade "with the market"--that is, buy when prices are rising and sell as they decline. Neither convincing proof nor denial...
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Published in | Barron's National Business and Financial Weekly (1942-1987) Vol. 24; no. 14; p. 14 |
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Main Author | |
Format | Trade Publication Article |
Language | English |
Published |
Boston, Mass
Dow Jones & Company Inc
03.04.1944
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Subjects | |
Online Access | Get full text |
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Summary: | ANY CONCLUSION AS TO the significance of recent figures compiled on member trading would be difficult to support. It has long been assumed that stock exchange members trade "with the market"--that is, buy when prices are rising and sell as they decline. Neither convincing proof nor denial of such trading habits during the two years since Pearl Harbor is exhibited on the accompanying chart, which pictures the excess of buying or selling by members for each week since the... |
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ISSN: | 0005-6073 |