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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?


To: Dominick who wrote (30286)9/1/1999 10:20:00 PM
From: Time Traveler  Read Replies (1) | Respond to of 41369
 
Why is a down day with low volume a good sign for bulls? From history data, this tells me that the already invested and who still want to dump this security have not had the gut to sell out yet. It usually takes a down day with much higher than normal volume to establish a turn-around, except when there is a bad news, like a down grade or something.