AOL Money & Finance

Sign #8: Light volume

Posted Sep 20th 2009 11:00AM by Michael ShulmanMichael Shulman RSS Feed
Filed under: Economic data

More

october market crashMarket volume is so light that many technicians do not see the rise in the indices as "real." They want to see increased buying volume to confirm another upward leg in the rally.

While volume may increase in the short term, it still will be considered light, as many investors are very cautious (and should be) about getting in after a 40% rise in the markets. Without heavier volume, the market is very vulnerable to a downturn.

Next: Sign #9: Short covering and money managers looking to bank profits

Tags: buying volume, michael shulman, October market crash

Add your comments

Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.

When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.

To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.

Symbol Lookup
IndexesChangePrice
DJIA+30.6910,464.40
NASDAQ+6.872,176.05
S&P 500+4.981,110.63

Last updated: November 26, 2009: 06:51 AM

BloggingStocks Exclusives

Hot Stocks

DailyFinance Headlines

Latest from BloggingBuyouts

TheFlyOnTheWall.com Headlines

    BioHealth Investor Headlines

    WalletPop Headlines

    My Portfolios

    Track your stocks here!

    Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

    • My Portfolio
    • Create a New Portfolio

    BloggingStocks Partners

    More from AOL Money & Finance

    WalletPop Headlines