Thanks Halo.I seem to remember someone posting a while ago when...

Thanks Halo.

I seem to remember someone posting a while ago when there was low volume round this level that it signifies some kind of upward pressure building, some kind of stalemate between buyers and sellers. In other words, not bad.

ie. Selling pressures have eased - forced selling, hedge fund liquidating, margin lending selling - these may have eased.

ie. Buyers not yet willing to step up to the plate until some new positive information sparks a new level of momentum.

So in other words a waiting game at the moment.