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Strategies & Market Trends : Technical Analysis - Beginners
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To: Richard Estes who wrote (9554)2/24/1999 9:57:00 PM
From: big run  Read Replies (1) of 12039
 
Most of my buys come from some form of a breakout where I like to see big volume. Mostly from a flat basing pattern.

In looking at the volume contraction do you prefer to see a flat consolidation area or does it matter to you whether the price is rising or falling?

I was reading a book and it stressed using indicators in a contrarian approach, like what you're doing. I like that, it makes sense to go against the flow of what seems instinctively logical.

Mike
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