mentioned in [email protected], page-12

Really cannot just sit by and put up with this tripe anymore.

Low volume retrace means the big boys were not interested - its just rubbish.

A down trend occurs because noone want to buy the share - hence no volume.

Uptrends occur because more shares are demanded hence higher volume.

Sometimes and I do mean just occasionally you can get a sniff of an impending uptrend by a preceding uptick in volume and conversely you can get a sniff of a reversal by the drop in volume.

Look at Ewobs latest chart, see most of the big volume days happened at the start of the main uptrend and steadily diminished until it turned into a downtrend, the new potential uptrend has begun with a uptick in volume - certainly not a downtick in volume.

Downtrends and Bears markets are alway characterised by low volume - BECAUSE THERE ARE NO BUYERS.


If you own this stock, start praying for HIGH volume days not taking solace in low volume days when noone could sell shares except to hit an ever diminishing bid