The crux of the matter is this... Price forecasting without volume considered is a shot in the dark... These low volume conditions always feature price surprises for both bulls and bears. Why? Because it's all about LIQUIDITY...
CASH LIQUIDITY - Ability to cash out of longs.
SHARE LIQUIDITY - Ability to cover short positions.
Bears are Sh#%$ scared !
Started by
NAV
, Jul 06 2007 12:52 PM
20 replies to this topic
#21
SemiBizz
-
- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 07 July 2007 - 11:47 AM
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
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
