MightyM,
My thougts on buyer:seller ration -
IMHO I dont care about that. When i say that I am saying the market depth can change in NO time. Check out PDN for example, buyers come out from no where and so do sellers.....
For me following is atmost important.
1. Up trend
2. Volume coming ( most imp for me - it speaks a lot)
3. RSI
4. MAC
5. break out.....
I give atmost importance to volume. say 4 times average last 4 weeks in a day is a good indication.
Well, lets just say - I wont touch anything falling. DOnt care how much I have to pay 1 month later on the uptrend
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WMT
western metals limited
hope is in the air, page-27
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