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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Autumn Henry who wrote (75685)2/15/2000 10:03:00 PM
From: stan s.  Read Replies (1) of 108040
 
Autumn, basically (there are some exceptions) on a heavily traded stock, stalls and dips on low volume are fine and to be expected and in fact hoped for so as to give entry positions.

Conversely, beginning moves up on strong volume are buy signals.

Sell as low volume stalls and dips start, buy the recovery when volume picks up and price starts higher.

The intraday relationship between volume and price is quite apparent on intra charts. You don't need anything fancy....volume and price, real time, one minute charts.

When you get into the rhythm of a stock, you can play it all day long. Eventually you'll have favorite trading stocks and you'll be familiar with their patterns.

Don't get greedy, just take what they are willing to give on any given play, time and time again.

Stan
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