Trading on Volume: The Key to Identifying and Profiting from Stock Price Reversals

by Donald L. Cassidy

Book Overview

Techniques to use trading volume as an indicator of market direction Trading on Volume is the first serious analysis of how to employ this accurate tool in today's fast-action trading environment.... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0071376046
• ISBN13: 9780071376044
• Release Date: November 2001
• Publisher: McGraw-Hill Companies
• Length: 302 Pages
• Weight: 1.45 lbs.
• Dimensions: 1.1" x 6.3" x 9.2"

Customer Reviews

Many interesting observations

One of the best is that Cassidy points out that the difference between the individual stock vs. the overal market and the sector are important. This may seem simplistic but I know many who do not buy best in their group and ignore this message that is droned in thru IBD and others. Here Cassidy shows how the volume should be corresponding, ie. porportional as most of the indices are made of the individuals on a percentage basis but when it's not, it hints that true buyers and sellers, not the ETFs and such are buying and selling...the invdividual stock not the index but I think more and more the ETF is getting the nod as more and more people are scared of inidivudla stock action...Cassidy helps there. Good luck, Remy.

Just the book for a thoughtful individual investor

I am an individual investor, and am doing my damnest to educate myself and find my personal profitable trading niche. My first step towards success was when I learned to recognize the CNBC and Wall Street bulls--t for what it is. I've been studying every available investment book, in search of comprehension.I rate this one very highly (even if the style is on occasion a bit turgid) because it provides a solid educational foundation into the workings of the market, and a solid grounding in understanding how to be a profitable contrarian by better identifying symptoms of crowd excess (hence, intermediate term tops and bottoms).