How could you compare a high-volume rally in 1995 with a
thin-volume one now? If you decide to reduce multiple variables to
only a few (price and duration), you'll make yourself very
confused! That's a prevalent mistake made by a number of posters
here. A hint: a bull market implies large volume buying...
Edit: one should suspend one's belief in technical analysis in
thinly traded markets.
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How could you compare a
Record streak on SPX
Posted by junkie on 16th of Mar 2010 at 03:30 pm
How could you compare a high-volume rally in 1995 with a thin-volume one now? If you decide to reduce multiple variables to only a few (price and duration), you'll make yourself very confused! That's a prevalent mistake made by a number of posters here. A hint: a bull market implies large volume buying...
Edit: one should suspend one's belief in technical analysis in thinly traded markets.