Traders Laboratory - View Single Post - Are Low-Volume Rallies here to stay ?
View Single Post
  #17 (permalink)  
Old 10-19-2007, 06:52 PM
OAC's Avatar
OAC OAC is offline
OAC is trading what he sees and not what he thinks

 
Join Date: Apr 2007
Posts: 418
Thanks: 24
Thanked 42 Times in 36 Posts
This member is the original thread starter. Re: Are Low-Volume Rallies here to stay ?

Quote:
View Post
The volume on daily rallies from the Aug 16 low has benn rather poor except
a couple days inspired by the Fed. Now we are approaching 90% retracement
back to the summer high. Does the low-volume phenomena means we will
have serious trouble breaking the old high

Now we may not have to worry about the Low-Volume part because we now simply may get fewer rallies.
Swing Traders, did you put in your stops ?

Reply With Quote