Barak - Good article. I am a huge volume fan and have been watching it closely. You are right in your comments, but might I add on of my own. Stock prices need volume to propel prices higher but can 'fall of their own weight' as you chart shows. As the fuel that drives prices higher, when it runs out stocks fall.
I have been doing some research on price and volume and have been working on some interesting volume indicators. Care to share notes?
The Danger of Low Trading Volume [View article]
I have been doing some research on price and volume and have been working on some interesting volume indicators. Care to share notes?
Cheers,
Matt Blackman
www.TradeSystemGuru.co...