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The Rainmaker

09/16/14 12:35 AM

#230205 RE: Crazy Money #230200

Article on Forbes said Volume always precedes price..

Volume: 22,893,439 today and only .0651



Volume Always Precedes Price

This statement is one of the cardinal beliefs held by most technicians. It first came to my attention in the late 1970s when I read Joe Granville’s book New Strategy of Daily Stock Market Timing for Maximum Profit, where he wrote “stocks do not rise in price unless demand exceeds supply. Demand is measured in volume and thus volume must precede price.”

http://www.forbes.com/sites/tomaspray/2014/01/11/volume-always-precedes-price/


PS Precedes means before,.
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ChitownMike

09/16/14 8:23 PM

#230595 RE: Crazy Money #230200

20% gain on sony news and best buy demonstrations? NTEK still a dud lol

Foley in the clink yet?