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grego68

07/23/12 2:26 AM

#15394 RE: The dead cat bouncer #15391

volume is a tricky statistic. you can have tons of volume and still go backwards. volume is measured by both buys and sells combined, so high volume isn't always an indicator of a rising pps

" In simplest terms, volume is the number of shares that traded hands in a given session, be it a day, week, month, or even 30 minute period on a chart. It reflects the total number of shares purchased or sold by long-term investors, short-term investors, swing traders, hedge funds, mutual funds, day traders or anyone else you can imagine that buys or sells a share stock in a day." http://winninginvestor.quickanddirtytips.com/what-is-volume-in-stocks.aspx