AI
Wednesday, September 17, 2008 11:46:23 AM
Hand,
FWIW, looks like short covering to me. The price trend during the last six days is up and the volume trend is down. This suggests short sellers are covering positions, causing a rally, and money is leaving the marketplace.
Need to see some volume come in on a rally if the short-term price trend is to be sustained...
FWIW, looks like short covering to me. The price trend during the last six days is up and the volume trend is down. This suggests short sellers are covering positions, causing a rally, and money is leaving the marketplace.
Need to see some volume come in on a rally if the short-term price trend is to be sustained...
Regards,
frenchee
#board-4258 TSP Trend Timing: EFA (I), TLT (F), SPY (C), and VXF (S)
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