The Quick Takes Pro blog by Michael Kahn, CMT about anything that might affect your portfolio.
"Top Ten Largest Point Increases in the NASDAQ Composite Index"All in big bear markets -- 2000-01, 08. Largest percentage increases, same page, same story.
Here's the data for the Dow:http://online.wsj.com/mdc/public/page/2_3047-djia_alltime.html
From Tom DeMark in a chat room:"Heavy volume off of a low is bearish. The only time heavy volume is bullish is when it occurs after a breakout - never before! Basic tenetof market timing 101."As a CMT, I was unaware of this "tenet." However, DeMark does have the cred to back this up.
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