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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Casaubon who wrote (42045)	2/5/2001 9:08:31 PM
From: donald sew	Respond to of 42787

Casaubon, >>>> the stock which I am short is currently in a rising wedge with what may be rising volume, as you say. But, what I have noticed is that the days which provide the "break up" at each stage of the wedge occur on ever diminishing volume. <<<< You make a valid point, and that is analysing volume may not be so simple. That wedge was developing on rising volume, but when you micro-analyzed it you notice that the UP-MOVEs were on lower relative volume. So if one did not analyze the volume as close as you did, one may had assumed that it was bullish, and should not be a short. seeya