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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: AllansAlias who wrote (59690)1/21/2001 1:11:49 AM
From: Perspective  Read Replies (2) of 436258
 
<If this TL test fails, I want to be short, short some more, and then short a bit more than that for next week.>

I dunno, would that really be short enough? <gggg>

Have you notice the incredible turnover we're getting on the 'Dung now? Even at THE top back in March, turnover struggled to crack 2.0B shares. Now we're doing 2.5B share days with regularity, and the inflows have almost completely dried up. Look at it since December 1; we've only had seven days that DIDN'T crack 2.0B shares!

What do you make of that? I've always thought that when there was strong volume and upward price progress, it was a sign of strength. But declining volume alone, or increasing volume coupled with no net upward progress, was a sign of weakness.

BC
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