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Re: joeoneleh post# 2709

Wednesday, 12/22/2010 10:53:56 AM

Wednesday, December 22, 2010 10:53:56 AM

Post# of 113927
look at the 6-month chart

increasing volume is good only if the share price is even or up; increasing volume and down its bad. in the past 3 months there have been 13 days over 1mm shares - 10 of them down, including the largest volume day (3mm) in 6 months.

TA does not work well on low-volume stocks - how can you do TA when there days of 10k trading. momentum is +, but at .001, not real strong.