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----- Original Message -----
From: Brent <brente@xxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Saturday, January 15, 2000 8:05 PM
Subject: [RT] Re: Of boxes, vectors, pivots and S/R lines
> You certainly can't be using something as interpretive and subjective as
> volume. No, I don't think that volume has a place in your bare bones
world.
>
When it comes to the daily stock market I have found that volume is VERY
significant. For example, if you have some price formation like a key
reversal, it's statistically much more meaningful if it occurs on an
INCREASE in volume from the day before.
rgds phil
http://www.patterntrader.com
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