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You are right in my opinion about it being technical.
However if you are interested in liquidity of stock trading, the daily
volume should be many times the quantity of shares that you may wish to
sell in order to insure that you may timely exit a stock. This parameter is
one of the many that exists in fundamental data bases.
-----Original Message-----
From: Daniel Martinez [SMTP:DanM@xxxxxxxxxx]
Sent: Tuesday, May 11, 1999 4:02 PM
To: metastock@xxxxxxxxxxxxx
Cc: brente@xxxxxxxxxxxx
Subject: Re: Question volume is it fundamental or technical?
When it comes to individual companies, I think fundamental analysis has
more
to do with sales, shares outstanding, earnings, inventory turnorver, etc...
Essentially, the fundamental analyst creates numerous ratios and compares
them
to other companies. For the overal market, FA involves interest rates,
GNP,
the US export deficit (can't remember the last time we had a surplus),
currency rates, etc... Volume is still a component of stock price movement
so
it is technical.
Daniel.
"d.orlow" wrote:
> >Hi, I would like some opinions; if you trade off of volume are you a
> >fundamental or a technical trader?
>
> Edwards & Magee relied on volume as an integral part of their analysis.
So
> did Wyckoff.
> TECHNICAL!
> Debra
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