After An Ugly Open, Stocks Rally On Lower Volume, Saving The Market From A Possible Very Painful Day
Joshua Hayes (December 13th, 2008) Writes:
It was very nice to see the market rally today, after the very weak open/futures market that preceded the close on Friday. The major problem with the rally today is the same problem we keep happening since the November lows: lower volume rallies.
These low volume rallies might look good to those that trade the market for short quick hits. But for investors and active-investors that like to build positions in their best leading stocks, this market is still not giving any clear sign that it wants to actually make any significant move higher.
History has proven, throughout every bull market run, that you need to have large accumulation or just any accumulation, period, to continue moving higher for more than just a few weeks to a couple of months. To get the really big gains in stocks with a nice uptrend in the indexes, you must see strong volume on
...


![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)





