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Re: DYNAMITE DAVE post# 8192

Tuesday, 12/28/2010 10:14:35 AM

Tuesday, December 28, 2010 10:14:35 AM

Post# of 44304
Volume is the key. Not price. 500,000 is twice the volume on the last breakout attempt above .022. If it happens then it confirms tha pattern which puts it in a long term bullish mode. If not it is simply buliding a chart based on price with no volume follow thru.

Not a great chart then. Just a good one. In either case management is and always will be the key. For me calling the bottom and having the ability to confirm it with follow up is just for kicks and giggles.
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