The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (19489)	7/16/1998 4:05:00 PM
From: ivan solotaroff	Read Replies (2) of 79296

DANKY Doug, Sorry for the rather importunate request, but it has SOME bearing on your teachings. I'm perplexed by DANKY's high-volume day; there was a good 4-5% move, but it came largely on an unsupported gap up, followed by a hectic day of buying and selling with little appreciable change in anything but the BBs, which are tourniquet-tight (while <gulp> short-term indicators are turning moderately downward). It occurs to me now that I've bandied your phrase "hpyer-accumulation" about without really understanding it. In short, my liege, I have no clue what today's heavyish volume means--or for that matter how to interpret any day when the heavy trade winds blow and the ship just ... sits still. Ivan

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