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Re: Burk post# 332158

Thursday, 12/09/2004 2:21:53 AM

Thursday, December 09, 2004 2:21:53 AM

Post# of 704049
Several questions you pose Burk. First, I ignore Bollinger Bands, they confuse me and t end to react rather than lead; and I try to keep trading as simple as possible. As for seeking a low on lower volume I find just the reverse to be true. The key, to me, is the prior move. With a big drop down, or up, I look for a heavy volume spike. There's no way to KNOW that a stock or anything you trade is done going down. I just work the probabilities. The market may be in a down trend, but many stocks wil still go up.

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