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To: Michael Collings who wrote (7188)2/8/1998 10:25:00 PM
From: John R. Sashko  Read Replies (1) | Respond to of 27307
 
Price up on low volume is bearish. As is the descending triangle. Looks like a good short here.



To: Michael Collings who wrote (7188)2/9/1998 1:59:00 AM
From: Sowbug  Read Replies (1) | Respond to of 27307
 
That and the fact it rose 2 points on low volume makes me think the next few days will be up.

Why does a rising price on low volume signal further rising prices? My limited understanding of TA is that high volume on up days is a bullish sign.

Don't get me wrong, I'm not challenging your conclusions -- I'm one of the geniuses who went long at $69, so I desperately want to get back in the black -- but I'd like to hear how you get from A to B.


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