Important market bottoms take place as trading volume picks up and then soars. This is the time when stocks are transferred from weak hands to strong hands.
This pattern should not be confused with the pattern you see at major tops. As a stock rise, volume increases. Eventually volume rises to above average levels as strong hands distribute shares to weak hands.
To find out more about my in depth view of the markets and my strategy just visit our website https://www.peterdag.com/. You can review The Peter Dag Portfolio, free of charge of course. You can also call me at 1-800-833-2782 to discuss your specific money management needs.
George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977
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