SmartPeople

"Classic Trading Volume Formula"
Buy horizontal, buy pits, don’t buy vertical; the selling point is right where it’s boiling.
Continuous small increases are real gains, while continuous large increases require exiting the market.
A sharp drop with no volume is intimidation; a gradual drop with increased volume means it's time to withdraw quickly.
A significant rise requires a pullback; do not dig deep pits and do not buy too much.
View OriginalBuy horizontal, buy pits, don’t buy vertical; the selling point is right where it’s boiling.
Continuous small increases are real gains, while continuous large increases require exiting the market.
A sharp drop with no volume is intimidation; a gradual drop with increased volume means it's time to withdraw quickly.
A significant rise requires a pullback; do not dig deep pits and do not buy too much.