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Strategies & Market Trends : Steve's Channelling Thread

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To: stockmarket14 who wrote (24658)8/18/2001 11:56:28 PM
From: westpacific  Read Replies (1) of 30051
 
I really think we need a big volume day, say 1.4B or more on DOW to confirm cycle low. So watch for the volume next week daily.

The last two bottoms - 04/01 and 10/00 both occured with big volume spikes.

We have not had the volume this past week to confirm the bottom, as a matter of fact volume tapered off into the close of the week.

All the best

West
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