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alan webber

01/11/06 7:31 PM

#6167 RE: luckyjackaubrey #6166

Going up on high vol - bullish

The stock was going up on high volume then retraces on low volume. This is what you want to see as it is bullish. It shows you that the retrace is shaking out weak hands to turn the stock over to stronger hands. Most who bought on the last run up are holding and that is why the vol now is light.


Here is the chart - look at the tiny volume and the nice A/D line.

Silly ones sold today as you can see. They are being gamed. The bid gets lowered to see if they can get someone to then lower the ask. Fools - if you want higher prices they you raise the ask... no matter as it is good to get rid or weak ones.

http://tinyurl.com/a9tq9