Reflections on Volume

Big volume without further upside equals distribution
Big volume without further downside equals accumulation

Volume tends to peak at turning points
Volume often precedes price movement
Volume is a relative study

Monday, December 13, 2010

Dec 13, 2010 Edition of The Edge Financial Daily

A strong year for steel? KUALA LUMPUR: After an uneventful year, local steel players can look forward to a better 2011, thanks to the rolling out of 10th Malaysia Plan (10MP) projects.

Landmarks may start Bintan development in 1Q11
KUALA LUMPUR: Landmarks Bhd is expected to start its Bintan development called Treasure Bay Bintan (TBB) by the first quarter of 2011, sources familiar with the matter told The Edge Financial Daily.

Axiata catching up on Maxis on local bourse
KUALA LUMPUR: Although Maxis Bhd�s second act on the local bourse raised the highest initial public offering at RM11.2 billion in 2009, this year sees the tide turning for Axiata Group Bhd, judging by the counter�s stellar performance to date.

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