Markets are gapping up BIIIGGG!!!
Posted by MC on Sep 8, 2008
The smart money knew the news already IMO…look at the hidden buying Thursday afternoon and again Friday. I’ll refer back to my UVOL/DVOL post…10:1 with flat price action (in relation to that ratio). And there was no other reason for that much volume in the middle of the daily charts range (especially Fridays action).
Think about the 10:1 ratio for a minute. For every 1 buy there was 10 sells? Why did the market not tank 1,000’s of points? This is divergence of massive proportions and why I posted that chart. If you see internals doing crazy things but the price action isn’t following there is something going on. ALWAYS be aware of your internals and surrounding market landscape! To track the animals that are “smart money” you have to look for their footprints in the sand. 
http://tradersbase.com/mcs-musings/more-uvoldvol-at-work/index.html
Burn this chart in your mind…this is a flashing warning sign. 
Good luck
