17 replies to this topic

[Sentient Being]

It's not the quantity of volume that counts, it's the quality of what's being traded.

i have never understood fully why the indicators fail so blatantly in these situations

Indicators are indicators...the math never changes.

What is important is the proper usage of any or all indicators and then using good judgment on when one should be given greater weight to the other based on the market's current rhythm.
Fib

From your lips to God's ears, Fib. Knowing when to ignore the indicator must play a part.

Edited by Sentient Being, 04 September 2007 - 02:01 PM.

[arbman]

The upside/downside volume ratio on Nasdaq is 6.5. This is too obvious, most of the participants are still on a vacation and the MMs are doing the usual job of pushing the stocks on light volume...

[airedale88]

i have seen this countless of times, all sorts of indicators showing a sell, but the market ignores and chugs along. i have never understood fully why the indicators fail so blatantly in these situations, but i suspect that shorting has something to do with it.

its hard to trade these markets as it appears that only a good feel/gut intuition can be used.

in the long run, i still think we will see new highs before we see new lows, perhaps that should be enough for some.

rkd80, what sort of indicators are you watching? if they are oscillators of some sort with a time input, a trending market will render them dangerous to use if one takes the signal against the trend.

[ogm]

The upside/downside volume ratio on Nasdaq is 6.5. This is too obvious, most of the participants are still on a vacation and the MMs are doing the usual job of pushing the stocks on light volume...

More buyers then sellers ?

Market was washed out on huge volume on those 3 biul volume days. Everyone who wanted to sell had a chance.... We had 3 9 to 1 upside volume days. On ly happens when the market is extremely washed out. Last happened August last year.

[arbman]

There is really not much sellers left, but this is going too fast higher for the volume, especially on NYSE...

[CNSZ]

Where are the bears?

still here, 100% short

[ogm]

Where are the bears?

still here, 100% short

Good

[Vector]

when they git back they won't be a selling