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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (27393)	12/5/2001 2:33:53 PM
From: Ken W	Read Replies (2) of 29382

Sergio Volume does not matter if the stock is going up. TRUE! How much volume does MAXF trade...I don't care. I sold the 4.50 shares at 4.95. Size matters on the bid and ask only. LOL Seriously, volume is merely a shadow of the total float, generally, about 10% on a non news day. Volume, as I use it is just a precursor to something that is going to happen in the near future. BLTI is a perfect example. Something was leaked the volume spiked driving the price to new highs. The news did not materialize yet so today the "in the knows" (supposedly) sold off allowing a reentry on the stock. Ken

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