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Re: 3xBuBu post# 62840

Monday, 11/29/2010 1:32:26 PM

Monday, November 29, 2010 1:32:26 PM

Post# of 72979
Today looks bearish indeed. Some “people” try to rescue the market but they find no buyers to support them. The closing will tell us a lot.
A classical observation says “a low volume new down move is often followed by an accelerated move, on high volume, in the same direction“.
IMHO, this is particularly true at the edge of a rounded top or after the confirmation of a double top.
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