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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: Little Joe who wrote (6032)5/5/2004 7:30:48 PM
From: SwampDogg  Read Replies (1) | Respond to of 60924
 
Ok

The bullish volume argument would be that you will need much higher volume than last week to break those lows and for it to hold.

For example:

NEM came down last week on heavy volume; rallied on lower volume the next day and then retested on lower volume. It then rallied strongly yesterday and then backed off this afternoon on lower volume. You will need heavy volume to bust one way or the other out of this range. It will be easy to spot and will probably be linked to the jobs number and the dollar reaction on Friday.