e.Digital Corporation(EDIG) - Embedded Digital Technology Message Board

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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology

EDIG 0.0001000

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Mar 20 5:00 PM EST

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To: J.N.N. who wrote (11310)	2/27/2000 8:37:00 PM
From: Jon Tara	Read Replies (1) of 18366

I fail to see what in that chart shows "more shares bought than sold". It's just a price and volume chart. I don't see anything else there, nor any claim that the chart purports to show whether or not there were "more shares bought than sold". Did you miss some parameters in the URL? Do I have to specify something special in the paramaters on that page? do you have any clue as to what you are looking at or what it means? There is simply no way to tell if "there were more shares bought that sold". The term is rather meaningless, since there are two parties to each transaction. There are, in fact, precisely the same number of shares bought and sold every day. If you mean that MMs depleted inventory, there is no way to tell that. Some people will claim to be able to derive that, but you can't. You can only tell if there was "buying pressure" or "selling pressure". But, you know, you really don't need any fancy techniques to determine that - if the stock price went up, there was buying pressure. If it went down, there was selling pressure...

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