SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Vitas who wrote (92771)3/23/2011 10:38:39 AM
From: William H Huebl  Read Replies (1) of 94695
 
stockcharts.com

I believe this chart shows that this recent intermediate move up from Sept 2010 was not accompanied by additional (cumulative) up-volume as it was in the previous intermediate move up to May 2010.

What would concern me is if the cumulative up-volume were to continue to dry up relative to moves up as that (might) mean that the buying was weakening...

And the consumer still seems to be (slowly) losing ground to the cost of commodities.

As always, BWDIK?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext