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mjc1

08/19/06 3:56 PM

#1798 RE: fatbacker #1797

I agree completely, fatbacker...

I look at volume, on balance volume, and money flow (acc/dist) as a much better indicator of what's going on than the PPS. Especially with the little guys, the MM's can jerk that thing any which way they choose, either sucking people into buying or scaring them into selling. As long as the three aforementioned indicators are strong, I like my chances when the PPS eventually follows suit and breaks out.