Stock Signals You Can Use

Look past the red and green arrows. From volatility to odd-lot shorts, here are a few indicators pros watch to figure the market's direction

"Sign, sign, everywhere a sign," as otherwise-forgotten '70s rockers Five Man Electrical Band sang in their only U.S. hit. Stocks' recent turbulence has brought another wave of predictions about where the market could be headed (see BusinessWeek, 3/12/07, "What the Market Is Telling Us"). Investors still focused on all the red and green arrows may find themselves feeling, well, a little lost.

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