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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: NewKit who wrote (4913)8/20/1999 9:11:00 PM
From: James Strauss  Respond to of 13094
 
For the past few days, the market seem to be up >100 pts on light volume. Do you have any comment on that?

NK:

The market went down on light volume... Now it's beginning to go up on light volume... One could argue that we have lighter volume in the summer months due to vacations and long weekends... While I would prefer heavier volume on the up move, I'll be satisfied with a continuation of the up move for now... I would expect we will get higher volumes on the upside next week after the FED does its thing...

Jim