Sector Investing

[ReturntoSender]

There just has not been enough volume behind this recent advance to convince me it has any chance of being off the final bottom for this downturn.

Look back at 2002. Note that even the July bottom which failed started on a week of higher volume than the previous height of volume of selling:



But what have we got started now? A low volume advance that is doomed to fail unless a lot of money is put to work soon raising the volume above previous trends:



RtS