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theskeindhu

10/29/09 4:37 PM

#4574 RE: ryanmnly #4573

As a new stock trader may I be so bold as to ask why the belief of an impending uptrend? I saw volume way down today even though there were I believe 3 sell orders of .66 or under during trading. So on one hand I understand the theory that no one is selling and that is why the volume is low, however that theory doesn't hold water bc in realty no one was buying. I am not panicking I just would like to know how the charts justify belief in an uptrend? To my uneducated eye the market and all of us are in a wait mode for the press release giving us a date for the informercial, and more info on the product.