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Thursday, March 28, 2024

Comment by phil

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  1. phil

    Volume/Scott – While certainly not the only indicator, what it does well is confirm the validity of a move, not predict future moves.  When you have a low-volume rally, it can easily be reversed with a high-volume sell-off and vice versa.  That's not a complicated "theory", is it?   What he does is postulate a disprovable statement that misstates the use of volume and then proves how clever he is by cherry-picking numbers to back up his statement.  The dangerous thing about that is that it then misleads people to believe that they can ignore volume – which is ridiculous.  

    You're welcome Batman.  

    Boy and THAT is how we dress the windows!  

    Hitler/StJ – I hear he loved dogs…  wink

    Image result for hitler joke



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