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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Jim Bishop who wrote (113993)	4/26/2003 10:34:08 PM
From: StocksDATsoar	Respond to of 150070

Excellent financial website in my opinion www.companyreporter.com companyreporter.com “Dollar Volume” The Undiscovered Secret to Trading Success By: Mike Long DOLLAR VOLUME-The dollar amount of shares traded during a given period, for a security or exchange. Dollar Volume in my opinion is the single most guarded and undiscovered secret to investing in the stock market today. Analyzing the Dollar Volume in securities could help you achieve higher trading profits and put you more in tune with the market. Dollar Volume is so important because it shows you which stocks have the best liquidity, the most interest, and the most money going through their markets. This stat is so important yet traders and investors seem to ignore it. Everyone loves to see the volume leaders, which in my opinion is the most worthless stat there is. Let’s look at an example: XYZ trades 10 million shares a day at .01, that equates to $100,000 of Dollar Volume trading through the market everyday….which means you may have trouble trading this stock because there is not enough money going through the market, but XYZ will be in the top Volume Leaders for the day ABC only trades 1 million shares at 1.00. That equates $1,000,000 of Dollar Volume trading through its market everyday which means you will be able to trade the stock easily and more efficiently, but the security will NOT make the top Volume Leaders for the day. Where do you get Dollar Volume Leaders? I use the monthly report from www.DollarVolume.com This report gives me the Top 100 OTCBB Dollar Volume Leaders every month and shows me which securities the money is flowing to. I also provide the Top 20 Dollar Volume Leaders on this site. Some tips and strategies when analyzing Dollar Volume: •The top Dollar Volume leaders sometimes make better investments and are more stable over the long run. •Check out the lower tier Dollar Volume Leaders. This can sometimes show you stocks that are just starting to move and gain momentum. •The top Dollar Volume leaders usually are good stocks to day trade as they usually have nice swings and are very liquid so you can make quick entries and exits. In conclusion, Dollar Volume is a very powerful stat that should be a part of your investment research and consideration. It is just too important of a market statistic to overlook.