04 April 2007

half and half

i am impressed as any permabull out there as to the price action in the dow yesterday - it moved up nice, held its gains, and then closed above resistance. however, check out the volume in the chart below. just because volume wasn't awesome doesn't mean that the dow won't continue higher, but it's just one thing to keep in mind. i've been busy hanging drywall lately, so i haven't had much time to post here. but that's changing soon. i have some good charts lined up.

No comments: