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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: marginmike who wrote (15193)	12/2/2002 8:21:25 AM
From: HairBall	Read Replies (1) \| Respond to of 19219

marginmike: I credit Fosback for his efforts to use indicators to discern what the smart money is up to or what ever you want to call those scoundrels that hold the price stamps...gg His work was one of the factors that helped to motivate me to do set out to develop my own indicators. High volume is the not the result of the general public controlling the market, but by it being influenced and motivated to buy or sell more often than not by price movement. Volume follows price...(while not always a given, I find it a profitable axiom) Regards, LG