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To: Jim Willie CB who wrote (63077)1/19/2000 2:38:00 PM
From: Jeffry K. Smith  Read Replies (2) | Respond to of 152472
 
Jim, a TA question. I don't understand too much about TA, but doesn't an upward movement on larger volume generally indicate an upswing in price is in the offing?

The reason I ask is because we are seeing green today, but I wonder whether or not the volume will exceed yesterday's figure... Does one look for an volume increase over the prior day (with price increase), or for a volume figure greater than the average, with a price increase?

The bottom line is I wonder whether or not the TA suggests that this price increase will stick.

Thanks for your (or anyone elses) comments.

Jeff Smith