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Post# of 24977
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Re: tagthatstock post# 24727

Sunday, 04/02/2006 8:25:52 AM

Sunday, April 02, 2006 8:25:52 AM

Post# of 24977
basically,, the etf is dead,, bulls just dont know it yet.

1) all highs were on low vol
2) all recent new highs were met with heavy selling
3) only 1 time did it get incredible vol,, yet no new recent high and again met with sellers.
4) notice how the down bars are getting more frequent,, traders taking the deadcat bounces to exit,, (prolly at minor losses or flat)

Benjamin Graham: "You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right"

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