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Re: mx10001 post# 3879

Tuesday, 09/29/2009 4:28:36 PM

Tuesday, September 29, 2009 4:28:36 PM

Post# of 59550
My view re volume

If you look at the chart , you will see that volume has been DECREASING with the pps INCREASING since about Sept 16th. IMO, and in the opinion of those who know more than I do, that is never a positive indication of continuing strength.

The volume bars are at the bottom where it says "bad news"

Disclosure: I sold my remaining 20 K in the trading account today at .55

http://stockcharts.com/h-sc/ui?s=IMGG&p=D&yr=0&mn=4&dy=0&id=p14409094838&a=179212375