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Hello Haytham
maybe a picture is worth 1000 words
look at aprox dates 5/12-5/15 vol qqq
200 million big top
then apro 7/20-7/24 190 mil nice
bottom
then 10/9-10/14 vol 125 mil beg of nice up
move,
as for tomorrow
NASDAQ will make a higher hi and probably sp500
too
when we are at today's high I will be shorting
Ben
<BLOCKQUOTE
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
<A title=H.Albizem@xxxxxxxxxxxxxxxx
href="mailto:H.Albizem@xxxxxxxxxxxxxxxx";>gann_trader_19
To: <A
title=wheelsinthesky@xxxxxxxxxxxxxxx
href="mailto:wheelsinthesky@xxxxxxxxxxxxxxx";>wheelsinthesky@xxxxxxxxxxxxxxx
Sent: Thursday, October 31, 2002 6:31
PM
Subject: [wheelsinthesky] Re: AS ABOVE SO
BELOW
--- In <A
href="mailto:wheelsinthesky@x";>wheelsinthesky@x..., "ilmaniaco" <<A
href="mailto:ilmaniaco@x";>ilmaniaco@x...> wrote:> Hi
Haytham> what a lot of news from you.> Thanks for your
response.> What is the interpretation of this post?> Prescinding
from up or down interpretation, 9th volume equals to 30th > volume
means...> > Best wishes,> PietroHello
Pietro,Very simple, as demand/ supply principle control the price
action, so demand/ supply principle translate in reality to
volume..There is a fine line seperate demand and supply which can be
totaled in volume. I have shown you how "specific" volume can give you a
confirmation hint.I have mentioned that I am short in a different
post then hinted further to volume which was equal to 10/9/2002. Volume
can be forecasted also beside time and price. One person in this group
know what I am talking about...As you an see the close was lower
than yesterday for the QQQ.Best wishes,HaythamVolume
above = Volume below that simple :-)To
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