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[sharechat] BRY


From: Phaedrus <Phaedrus@techemail.com>
Date: Sun, 30 Sep 2001 16:48:26 -0700 (PDT)


 The current BRY chart is showing a perfect example of Volume confirming Price 
movement. To confirm a price movement, volume should increase or expand in the 
direction of the existing price trend. By monitoring price and volume together 
we are using two different tools to measure the same thing - buying or selling 
pressure. Volume tends to precede price, so a loss of upside pressure usually 
shows up in the volume figures before it is manifested in weaker prices.
                Phaedrus.

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