[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[RT] Re: The Reason for Nasdaq's Temporary Bounce



PureBytes Links

Trading Reference Links

Just one comment, I made the following observation re Nasdaq and 
Volume: 
The last months were characterized by an inverted volume behavior 
(increase in volume when prices decreased, and decrease in volume 
when prices rised. From the 1st trading day this year, this has 
changed: the volume increased increased and decreased in synch with 
price, which would suggest a bull market is emerging.

With most indicators, like MACD, there has been not one, not 2, but a 
triple bullish divergence, which is quite rare and also could 
indicate the down-up trend reversal has already started.

We will see...

Carl


--- In realtraders@xxxxxxxxxxx, DH <catapult@xxxx> wrote:
> > For me the evidence is building that we have a significant bottom 
at least
> > as good as fall 1999.
> 
> Further evidence, David Tice was a holiday guest host on CNBC today 
and
> was answering questions from little old ladies in investment clubs 
about
> how to short stocks. :-)
> 
> -- 
>   Dennis


To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxx