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Nasdaq Breaks on Volume !!


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#1 SemiBizz

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Posted 08 January 2008 - 04:10 PM

I"ll have more later on the forecast, but to say the least, today's low will be tested. I guess I am hoping for a big gap up tomorrow, even though technically we edged out yesterday's highest volume of the move... low. Ending on the low implies a washout. We'll see about that. :)
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#2 skyymaster

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Posted 08 January 2008 - 04:21 PM

I am looking for a further rise in VIX to see the climax but I know volume is a good indicator for this. But, it is interesting that vix has not moved nearly enough as few months back.

Edited by skyymaster, 08 January 2008 - 04:22 PM.

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#3 SemiBizz

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Posted 08 January 2008 - 04:24 PM

http://bigcharts.mar...&mocktick=1.jpg



T - The shares dropped the most in more than five years after Stephenson said AT&T is disconnecting more home-phone and high- speed Internet customers for failing to pay their bills. The pressure hasn't affected the mobile-phone unit or corporate sales, he said at a conference in Phoenix today


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics