CFZ E-Wiggle Workspace Message Board

STOCKTALK

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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: skinowski who wrote (9183)	11/1/2008 10:44:12 PM
From: jaker	Read Replies (1) of 41549

Never quite sure which timeframe one is looking at for ST, I will assume 60m. I agree looking at SPY 60m volume chart.. Even though the green juice is still a relatively high level 68% on a scale of +100% to - 100% Volume peaked Thursday at 11:30 @ 80%... even tho price has continued up, volume has developed a slow leak. I look at volume as money in your wallet, once it is spent... Well, unless somebody gives you some more. It gets difficult to buy more stuff... At price bottoms, one just hopes for a fat wallet from all those dudes ( and gals) that might have sold on the way down.

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