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Zeev Hed

05/16/05 6:34 PM

#392276 RE: mollyagain #392271

And for being within a stone throw of 2000 on the Naz 45 or so new how s what I would cal "tepid". However, the begining of the 2003 run, started in a similar manner...I don't think it will here, but who knows.
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Bearmove

05/16/05 7:01 PM

#392280 RE: mollyagain #392271

It will just trap more and they will lose again.
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plexxus

05/16/05 11:17 PM

#392296 RE: mollyagain #392271

Molly I wouldn't read much into the light volume. Where are the sellers. Most of the best moves start on light volume after the sellers washout. Consider this chart and analogy.

http://stockcharts.com/def/servlet/SC.web?c=$compq,uu[h,a]dhcayiay[dd][pb50!b200!f][vc60][J312723...
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Dr Stoxx

05/17/05 8:36 AM

#392336 RE: mollyagain #392271

Big volume after several up days = "blowoff stick" = reversal (often)

Light volume after several up days = more upside likely (often)

Same holds for volume after several down days...