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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: zoya who wrote (2171)12/17/1998 10:18:00 AM
From: Debra Orlow  Respond to of 99985
 
Zoya, these are very strange times. I don't think anyone knows how to read what's going on in the world. Things are not correlating like they normally do in times of possible "war" (dollar, bonds, oil, precious metals). Possible impeachment, delay of hearings, bombings, Brazil, Japan, 9 earnings warnings in the dow, AMZN $400? $50? targets, triple witching, holidays coming, etc.......Geez, too many emotions involved, going in contradictory directions. Sure makes me want to take a break.
IMHO only, Debra



To: zoya who wrote (2171)12/17/1998 10:23:00 AM
From: donald sew  Read Replies (1) | Respond to of 99985
 
Zoya,

>>>>> i am noticing extremely low volume on some of the stocks that i follow. <<<<<<<<

Volume is an important market internal, but could be tricky to read at times. A simple/basic rule is that when a stock moves up significantly on weak volume, thats normally a negative sign, that it could start to pull back.

Please understand that I do not rely on one indicator, so I am not recommending that you sell.

seeya