The New QLogic (ANCR) Message Board

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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

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To: iceburg who wrote (20137)	1/14/1999 12:55:00 AM
From: Eleder2020	Read Replies (1) of 29386

>>>The chart is presently a work of art nevertheless, and I am still accumulating.<<< The nicest thing that I have found in the chart today is that the money flow still has not peaked to a point where ANCR often retraces a bit. Also I think(hope) we see a melt up day which we haven't seen yet, though the whole chart looks like a melt up. I still think we may see one of those wild blow -off some steam days(just intuition). It all looks too orderly thus far. This also doesn't exactly look like retail buying that is going on here.The blocks are just too big happen in a flurry and the buying just increases on any weakness.The volume has been increasing the last week. My guess is we may have some funds helping us out here. Ed

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