Replies to post #5294 on Strategy Central

[kenwong]

Gleno34: re Bounce

Could be good or not good that I skim through the "Free Advisories" websites ( http://tinyurl.com/f5lpk ) on a daily basis. Because some of the sites are based on human analysis (some fundamental, some technical), I also read their opinions of what might happen. AND, have been reading a lot lately about how any bounce will be short-lived followed by further declines. Unfortunately, the info at these particular sites changes daily so I can't go back and directly quote from these opinions to share in this post.

The reason I say this is good or not good ... is that it's influencing my own trading perspectives. Market Clues and Robert Colby are the 2 pure "fundamental analysis by human" advisories ... and both are almost as good as a coin toss in terms of their "Accuracy%" according to the list.

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Posted by: GLENO34
In reply to: None Date:5/23/2006 10:43:51 AM
Post #of 5292

Volume is very slow by comparison..This little bounce is not very convincing...

[farooq]

Very low volume is good for bull case.
If there is no one ready to sell then price should go higher.
Farooq