Selling persists | stockbee


Selling persists

  • Selling persists and the 4% breakout ratio yesterday was 56/1665
  • The ratio of number of stocks up or down 25% plus in a quarter is at 639/3795. At current selling rate we would be again in below 200 territory by weekend or possibly today.
  • Market in last 6 session has lost over 15%, which many times is the loss in a year. So these are extra ordinary circumstances. 3% plus and minus moves are daily occurrences while earlier a move of 1.5% in Index was considered significant.

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