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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Paul Dubsky who wrote (1563)12/6/1997 2:22:00 AM
From: shasta23   of 27311
 
OFF TOPIC

HI Paul!
I'm trying to learn in general out of every trading situation and this is not specific to VLNC. How do you determine if the high volume wasn't distribution?I read that unchanged price can also be that. Do you deduct that from the in general positive tone of trading which was in 80% of time above open/close level? I'm getting a little bit into this intraday quote stuff and still find it quiet difficult to read. I used in the past Internet trader but now learned that there charts are obviously wrong:
they give a block of 280K traded at 15:50 at a price of 5 11/16. I followed their tickchart and soon came over the total of 317200 shares that yahoo gives for the daily total.Quote.com is Ok but not as nice to analyze as the internet trader chart. What do you use?
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