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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread
VTI 335.11-2.0%Jan 20 4:00 PM EST

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To: DD™ who wrote (5576)10/3/2010 10:31:13 PM
From: DD™2 Recommendations  Read Replies (2) of 10065
 
Jeffrey Saut, Raymond James Financial, Inc, September 27, 2010 writes (excerpt)..

" Meanwhile, the bears continue to growl, “Where’s the volume?” My reply to that question is that the whole 2009 rally came on declining volume, as did this year’s May mauling, begging the question – does volume really matter? I think it does; yet, I can make the argument that declining volume is actually bullish because it implies most participants just don’t believe the rally is for real. When volume finally arrives, it would suggest the naysayers have finally capitulated, and bought stocks, which I would interpret bearishly as in – who’s left to buy?!"

raymondjames.com

DD©
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