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steved_45

06/14/11 12:14 PM

#36727 RE: pipedreamz76 #36726

He really was right about the June 15th moon reversal. I'm not even kidding. Just way off on his pps projextion. I have a good feeling we'll be flying high by the end of the week.
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dmlabuda

06/15/11 12:45 AM

#37262 RE: pipedreamz76 #36726

I would be looking a whole lot better if the volume was not tapering off on this rally attempt. There is a saying in technical analysis that says:

Price up, Volume up = Bullish (except during a market top)
Price down, volume up = Bearish (except at a market bottom)
Price up, volume down = Bearish (exactly what this rally shows)
Price down, volume down = Bullish (trend losing momentum)

Volume up sharply, indicates a change in direction
Volume down sharply indicates indecision
Volume up gradually indicates the trend will continue
Volume down gradually indicates a drop in market momentum and the possibility of a reversal