Volume At Beginning Of 2011 Much Higher Than Current Levels
I’ve had a number of people call, e-mail or tweet me asking about what I’m doing in this wicked TSX Venture downdraft. Â In short, I’m stalking and waiting patiently for new entries.
Aren’t Prices Attractive Enough Now?
For long-term holds, there are some beauties sitting out there …. Donner Metals is a screaming buy for example.
For short-term trades, I believe we are in no man’s land right now. Â I posted my reasons to Twitter and won’t repeat here. I’ll just paste my comments in:
CONCLUSION – I’m not buying trading positions at these levels. Â I’ll either buy lower on capitulation confirmed by volume, or higher on a break to the upside. Â Buying trading positions at these levels is no man’s land.
Regards,
George
Last modified: July 13, 2026
Justice, thanks for chiming in. I don’t see it on the daily at all … but open to learning a lesson.
Weekly looks ugly.
G
On the daily it’s looking like it wants to recover a bit , volume did pick up in the later half of the day…
http://stockcharts.com/h-sc/ui?s=%24CDNX
What is a little more frightening is the weekly chart which looks like it could push into the 1200-1300 range.
http://stockcharts.com/h-sc/ui?s=$CDNX&p=W&b=5&g=0&id=p65747582523
That dude over at BMR is looking at 1500s I think, but hey, we already there!