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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (10010)	1/4/1998 3:09:00 PM
From: Doug R	Read Replies (2) \| Respond to of 79177

Jim, >>>The Importance Of Volume...<<< At my seminars I have everyone write the word VOLUME on top of every page of notes. You can't run with a stock if all it's doing is walking. Pattern and breakout recognition are only the first steps in the race. For a long-term horizon, monthly volume trends can allow one to enter a stock and make significant profit even if entry is well above the bottom. Applying that principle to GTAX and APCO makes the next couple months pivotal for both. This period could set up the whole year for them considering the position both charts are in. Of course, the bottom is always nice. Doug R