Sunday, December 17, 2006 5:10:04 PM
tpaero - don't like the volume on this possible reversal?? Really, now???
Most days here lately we have been lucky to get 200,000 shares traded a day, during this last few up days we have had well over 20 times that with almost 5 mil. on one day alone. Additionally the volume on these up days have been very similiar to the volume on our past 2 uptrends, with the exception that this volume has been a little greater that the previous two uptrends.
IMO, trading volume has been very impressive and is a confirming factor in at least a short to mid term reversal.
Most days here lately we have been lucky to get 200,000 shares traded a day, during this last few up days we have had well over 20 times that with almost 5 mil. on one day alone. Additionally the volume on these up days have been very similiar to the volume on our past 2 uptrends, with the exception that this volume has been a little greater that the previous two uptrends.
IMO, trading volume has been very impressive and is a confirming factor in at least a short to mid term reversal.
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