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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?

To: Enigma who wrote (1375)	3/5/1999 2:02:00 PM
From: Frodo Baxter	Read Replies (1) \| Respond to of 3536

>blow off top When the buy-side thinks Internet sell-side analysts actually know what they're talking about, rather than disparaging them as tulip-mania shills. (which is another way of saying, when hell freezes over)

To: Enigma who wrote (1375)	3/5/1999 2:36:00 PM
From: Paul Berliner	Read Replies (2) \| Respond to of 3536

Technically speaking, I think you mean to say a sharp rise on low volume a sharp rise on high volume would be very bullish - any impressive volume when the market is either moving sideways or rising is considered bullish. If a stock has rising/heavy volume but is stuck in a trading range, that's considered a buy sign (accumulation stage) If a stock is soaring on rising/heavy volume, that's considered the 'participation stage' and usually marks the mid point of a bullish move higher. If a stock continues higher but with decreasing volume, that's the signal to bail. P.S> I know the rules of advanced technical analysis well, but that hardly means that I can read a chart any better than you can - last April I took (and failed) the level 1 chartered market technicians exam - I was totally unprepared as there are no prior tests available to study from. Still, I did not study anyway and assumed the test would be a cakewalk. I was dead wrong.