Hint 2-1-06
High Volume Breakouts Are Important. They Over-Ride Automatic Short-Term Sells Tiger's bar charts turn red when there is unusual volume. You can see the degree of change in volume statistically on the chart, but you can see it visually by using Indicators-2 and Volume. High volume breakouts usually tell us that the movement has legs. That it will continue. Do not use Red Sells just after that breakout. Breakouts are more reliable if they occur on high volume, show a price gap, close near or at their daily highs, have an OBV Line which makes a new high that corresponds to the price high and and have a current Accumulation Index above .25 |