When you put the breaks on in your car does it stop immediately right on the spot or does it cover some more ground be fore coming to a stop?
Let me try this way. Suppose you watch a rocket launch, but you can see the fuel gauge. If you see the tank is nearly empty while everyone else is looking at how fast and far up it's going you will be better able to guess the approximate engine cut out point and turn around point. Its the same way with stocks. Volume refers to the AMOUNT of money coming into or out a stock, it's the fuel and the short covering is the almost empty warning.
The reason I think the turn around in oil is finally here is because of the volume. Don't believe me? Well read this, where the professionals tell the truth for a change.
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