Re: [RT] 200 day m/a and 50 days

["c.l" <Calue@xxxxxx>]

yes you are right. large range bars with less volume. if i remember correct bill williams calls this "fake bars"

but we've summertime. so a little bit less vol is normal. would not be unusual that the big guys put the indices above the important downtrendlines and then reverse.

it's easier to do with less market volume.

so i don't know if volume is an adequate indicator during summertime.

i think the candle today will give more hints, like the other few times.

carsten

----- Original Message -----

From: Ben

To: astrofin@xxxxxxxxxxxxxxx ; ntt-list@xxxxxxxxxxxxxxx ; realtraders@xxxxxxxxxxxxxxx

Cc: vincent new ; panda2222@xxxxxxxxxxxxx ; days459@xxxxxxxxx

Sent: Monday, July 24, 2006 11:52 PM

Subject: [RT] 200 day m/a and 50 days

look at the chart attached

in the last 4 weeks we have even close above a few times only to  fall back down

are we going  above 126,7 on sp 500 this time?

or above previous hi in dow?

volume suggests not

Ben

 

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