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#PI "Classic Trading Volume Mnemonics"


Buy horizontal, buy pits, do not buy vertical; the selling point is at the boiling point.
Continuous small increases are real increases, while continuous large increases require exiting the market.
A sudden drop with low volume is intimidation; a gradual drop with increasing volume means to withdraw quickly.
A significant rise requires a pullback; do not dig deep pits and do not buy heavily.
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