Contrarian market commentary and economic postings.
Thursday, March 11, 2010
IYR MONTHLY
1 comment:
Anonymous
said...
Your volume argument is poor. Look at the left side of the chart, and great rise on even less volume than now. Your pattern of volume that declines has capitulation spike, and you draw a downtrend line, yet price rules all, and price killed the volume arguments.
One thing I see is despondent bears, and that is a sign a correction is near.
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1 comment:
Your volume argument is poor. Look at the left side of the chart, and great rise on even less volume than now. Your pattern of volume that declines has capitulation spike, and you draw a downtrend line, yet price rules all, and price killed the volume arguments.
One thing I see is despondent bears, and that is a sign a correction is near.
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