Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Friday, February 6, 2009

volumes...

we hit my swing line.... Now volume went neutral.... What I wanted to see is a pullback into "NO Volume"... That is a typical Bull flag... Then a volume spike... This move .... isn't convincing
But.. if on the up move volume can increase...
But we are at some important pivot times in the day. 2am 2:30 and 3am....This is just a standard pull back time...

seems to me like an up market just gets exhausted, and needs the Big funds to come in end of the day.

No comments:

New Economic Indicators and Releases

What does Blue Horse shoe love?- Blog search of "BHL"

cnbc