It seems to me that except for brief interludes of panic, opinion as to direction is almost equally devided. When you see a 1000 car trade cross the board does it not mean that two large size traders have opposite opinions as to immediate direction? I see people talking about "a lot of size coming in" but how does this give you any clue as to direction? When you watch a lot of large trades crossing the tape but no change in direction how do you know if this is accumulation or distribution? It would seem like half the people are distributing and half are accumulating. I am asking all this because I have been observing the tape on a tick by tick basis for awhile and it seems to me that short term direction is a coin toss. I trade trendlines on a 5 minute chart and enter and exit on trendline breaks but have been looking for clues for better entries and exits by watching "the tape" but I just dont get it. When you see a lot of size coming in how do you interpret it?