Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 43.26

+3.7%

Dec 22 4:00 PM EST

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To: dvdw© who wrote (11345)	10/21/2003 2:10:58 PM
From: Joe Smith	Read Replies (1) of 207403

I have never understood why number of shares is an important volume indicator when it seems to me that the dollar value of volume is what is important. Is a volume of 40M on LU at 2.23 per share the same as the the same volume of shares at $60. Don't you need to take into account the much lower average price per share at this time to see whether there is "gross money expansion". Along the same lines, I think volume is understimated this Fall compared to March when the indices are so much higher. A equal volume of shares compared to March would be a much higher dollar volume...

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