Re: 8tung: Sie verlassen nun unmittelbar die 10.000er - Marke und

verfasst von Emerald, 11.12.2003, 22:38

-->Is VOLUME important?

**I question this because if 10K was SO important, where IS the volume? this is move I must contend**


taken from Bedford and Associates website**


Understanding the importance of volume in an upside breakout is fairly simple, volume must expand on the breakout if the move is to be considered valid. Volume and downside breakouts are more complex.

This is because volume is not necessarily required. This makes sense because unlike rallies where increased volume is needed to absorb normal selling pressures, in a decline stockholders become demoralized and that emotion leads to inactivity. Yes, there will be downside breakouts that are characterized by dramatic surges in volume but these events will always be at the end of the move lower as stockholders capitulate. This makes sense because the longer the decline proceeds the more volume becomes the ally of buyers, not sellers. Indeed, as mentioned in our previous sections, traders need to be wary of increased volume after a longer-term decline because very often it means the end of that move is near.

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gesamter Thread:

• 8tung: Sie verlassen nun unmittelbar die 10.000er - Marke und - Emerald, 11.12.2003, 21:46
  • Re: 8tung: Sie verlassen nun unmittelbar die 10.000er - Marke und - Emerald, 11.12.2003, 22:38
    • Re:DOW 10k...wurde eigentlich wieder offiziell Schampus an der NYSE getrunken? (owT) - Jagg, 11.12.2003, 22:56