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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: skinowski who wrote (120245)	6/11/2005 1:14:41 PM
From: Shack	Read Replies (1) \| Respond to of 209892

Nice chart. After looking at it, I decided to run a "volume at price" analysis on the DIA over the last year on Qcharts. The majority of the volume has taken place in the narrow range which the DIA is currently in. This VAP analysis helps to confirm levels of s/r on a chart. Above this level there has been very little volume until 10800 indicating a break up would be a quick ride to that level. Below this level the next spikes of volume don't occur until 10200. In other words there is likely a 300 point move in the DOW coming very shortly. And yes I am expecting it to be up. Al my "sentimeters" have reset themselves for a move up during this sideways.