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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: bill meehan who wrote (19076)2/11/1999 3:19:00 PM
From: Cynic 2005  Read Replies (1) of 86076
 
Bill, re. low volume of the past few days. A lot of bulls are taking comfort in the fact that the decline was on low volume. I think you are right about the opposite being true. Whether the low volume on down days is worrisome or not, a strong rebound on low volume (like today) should be of major concern, is it not?

Also, I think today's rally may be due to scared bears covering too early and "can't wait" day traders jumping the gun. Just a guess!
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