Thursday, February 01, 2007

Things to do


I read Dr. Steenbargers blog everyday, and his interpertation of the markets in realtime is much better than mine I would say. Dr. B knows what the normal volume is for the periods of the day and is good at measuring the tick to be able to distinguish what type of market action is occuring. This has made me want to focus more time on studying the tick and volume. If you look at the tick intraday, you can see that there are support and resistance zones just like a stock would have because the tick is nothing more than a measure of a whole bunch of stocks being measured at the same time.

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