Hi Funkymonk,
thanks for the kind words. In all honesty I'm not a master of interpreting volume. My typical view on volume with falling stocks is:
-initial fall on high volume: likely much panic selling, leading to a bounce the following day (in contrast to high volume rises - which *most of the time will continue upwards)
-initially average volume increasing as stock falls: more likely to stay down
However, as you have outlined, the fact that we finished halfway up on solid volume may indicate buying strength for tomorrow (initially at least).
RE: flipping - agreed.
With the still downturned stoch my pick would have to be close tomorrow at 0.54, then bounce. PURELY SPECULATION! We will know when it happens :)
Thanks!
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