Jesse
"Technically, I'd write off this weeks trading post reverse so far. The test will be when the volume reappears. Currently, the volume is insufficient to judge conviction, or lack thereof."
The volume post R/S isn't as anemic as you think! Average of 400,000 per day if we use pre R/S volume, the last 2 days!
Here are the average daily volumes for the last 2 months:
Jul. 285,092
Jun. 307,155
7/27/06 1.55 2.24 1.55 1.94 97,639 = Pre Split 292,917
7/26/06 1.50 2.08 1.21 2.00 171,032 = Pre Split 513,096
7/25/06 0.56 0.57 0.54 0.56 156,807
7/24/06 0.57 0.58 0.55 0.55 168,992
7/21/06 0.57 0.60 0.56 0.564 166,545
7/20/06 0.56 0.58 0.54 0.56 244,873
7/19/06 0.59 0.59 0.53 0.56 456,274
7/18/06 0.64 0.65 0.58 0.59 364,473
7/17/06 0.65 0.65 0.64 0.64 77,448
7/14/06 0.65 0.68 0.64 0.65 154,052
7/13/06 0.68 0.68 0.65 0.65 173,019
7/12/06 0.68 0.69 0.662 0.69 74,045
7/11/06 0.70 0.70 0.651 0.661 87,618
7/10/06 0.67 0.70 0.67 0.68 118,978
7/7/06 0.675 0.68 0.66 0.67 236,167
7/6/06 0.70 0.70 0.67 0.69 224,710 – –
7/5/06 0.67 0.701 0.67 0.69 212,027
7/3/06 0.70 0.70 0.64 0.67 190,200 – –
6/30/06 0.71 0.71 0.65 0.67 196,800
6/29/06 0.70 0.70 0.65 0.651 89,788
6/28/06 0.665 0.69 0.64 0.66 256,219
6/27/06 0.69 0.73 0.64 0.673 307,886
Wavxdmaster
