a well known commentator's view today of the Bear's low volume argument, FYI:
"Similarly, everyone seems convinced the very low ASX trading volumes are a sign of a prolonged bear market, whereas I believe low trading volumes are a derivative of very low investor/trader confidence which is actually a very bullish development. You never get confidence and deep contrarian value together. I am convinced volume will return to Australian equities at higher prices once the investing world has the confidence to believe Euromess is resolved (or at least not getting any worse). In my view that day remains closer than most people believe. In fact it got closer last night with Berlusconi finally falling on his sword (Bunga Bunga rally starts)."
UTSC 9/11/11
a well known commentator's view today of the Bear's low volume...
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