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Strategies & Market Trends : NetCurrents NTCS

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To: Chris who wrote (5620)2/12/2001 1:11:16 AM
From: Teresa Lo  Read Replies (1) of 8925
 
Your post reminds me of a joke [or perhaps a swipe at technical analysis] someone once told me:

Q: "Is it better to be a good analyst or a good trader?"

A: "A good trader."

I presume the unspoken difference here between a good analyst and a good trader is that the former is steeped in theoretical dogma while the latter simply admits defeat immediately, if not sooner.

But the question here, I must ask, is why the others see no volume correlation, when it's right there on the chart, especially on the daily chart of the QQQ? Am I missing something?

Teresa
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