How to Time the End of Trends

End of the trend.........Hmmmmm!

Oh yes! When Dick Cheney says so!

He is the wisest man in washington.........


has always been! :cool: :D
 
They are only 2 patterns of trend change :D
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Quote from ivob:

Volume.

Price can only keep on going up on increasing volume and can only keep on going down on increasing volume.

regards,
Ivo

"only" is a strong word. Should be used sparingly.

One of the most blantantly basic of concepts is that volume is comprised of TWO elements, each with opposing opinions/agendas.

Every amateur zit that's buying into a rising price on rising volume is disregarding that............someone is selling.

The distinction is the buyer is assuming fresh risk whereas the seller is willing to incur a tax event from a host of most of motives such as little Susie needing braces or an ax flush with inventory.
 
If it's a big trend you need something overwhelmingly objective like the moon.

You don't even need a computer if it's not cloudy. There's one fella on ET sure makes it work for him.
 
I have seen price going up on decreasing volume :(

Quote from ivob:

Volume.

Price can only keep on going up on increasing volume and can only keep on going down on increasing volume.

regards,
Ivo
 
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