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Gold/Mining/Energy : Cartaway resources -- Ignore unavailable to you. Want to Upgrade?


To: Penny Player who wrote (1559)4/15/1998 2:27:00 AM
From: John Paquet  Respond to of 2505
 
Penny, I hope you get it right. And again thank you for your good trials.

In the BULL mode, it has to be " volume increases as prices rise..",it implies that stock prices even going higher and volume still increases, buyers are more aggressive ; AND MORE BUYERS;and bidders keep biding higher prices. That is typical BULL phenomenon as prices rise volume increases. Everybody rallies to buy some shares, big rally implies very bullish.

And what your are saying " prices increase BECAUSE volumes rise" is not quite true for BULL phenomenon, because even volumes rise price might go down, everybody rush to dump one's shares to get out you see.

Egro, trading activities expand as prices move to the direction of the up trend (BULL trend). In BEAR market as trading activities expands prices go down to 'ell.

On Monday, DML and CWA BULLS return as prices rise volume increases DML 196,000 share open @$2.48 [almost a gap up, gap up means very bullish], closed @$2.61 , today, less volume price -5 closed @$2.56 {???]
You don't expect that DML could go up everyday; do you???? CWA is very bullish, even some of the SVB stocks retraced a bit with small volume, but CWA closed +1, @.19 up-tick. My post regarding important pattern, That is d3>d2>d3 should correct as d3>d2>d1 as each slope of support trend lines slope degrees increase from d1=0 degree d2=15 degree and d3=40 degree. IT DOES IMPLY THAT CWA PICK UP MARKET BULLISH MOMENTUM, AS SUPPORT TREND LINES INCREASES ITs DEGREES OF SLOPES ETC.

GOOD LUCK TO EVERBODY AND ENJOY MONEY MAKINGS!!!

Regards

John