V,
I think his point was if one waits for the volume to be 'right' then you could be waiting while good trades pass you by.
A few months ago Gann articulated the importance of volume which may be an important indicator for some styles of investment or trade but to some of us, due to our trading technique, it can be insignificant. I dont use it at all except on a EOD chart (eg OBV).
Happy New Thing ;)
descending triangle, page-167
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