Tuesday, March 17, 2009
Volume
Volume today was the lowest volume in the last seven trading days. As we know price must backed by volume and this thus puts me on neutral here. Advancing issues was below last week tuesday and thursday huge days, so that also puts me on caution that the steam on this run is coming to an end. Just be careful out there it is easy to get crushed on these days where the movement is very choppy before we take a direction.
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