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Non-Tech : Dorsey Wright & Associates. Point and Figure

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To: Doppler who wrote (5232)1/21/2000 7:46:00 PM
From: Ms. X  Read Replies (3) of 9427
 
Volume means nothing. If you think about it why should that matter? Either the stock is bought past resistance showing demand or it is sold past support showing supply. This is why time isn't a factor either.

A stock can be trading on high volume and break a double top or it could be trading on low volume and break a double top...

What's the difference? It broke the double top either way. Same true vice versa etc.

Ya ya?
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