Any info about Iomega (IOM)? Message Board

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Non-Tech : Any info about Iomega (IOM)?

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To: Leo Francis who wrote (24849)	6/9/1997 11:23:00 PM
From: Jon Tara	of 58324

An aside - look at NVI on Intel, and you will see a picture where NVI is telling you something. Bring up a few more industry leaders, and look at NVI. Starting to see a pattern? The no-brainer is to simply wait till you see about 6 months of that, jump in, and go on a long vacation. But I'm too much of a trader to do anything that easy. :) This is why I have NVI on my default layout for Metastock. There's always the faint glimmer of the possibility of catching the start of one of those runs. In theory, a rising NVI on rising price indicates "professional accumulation". A bit of a paradox, it assumes that rising prices on low-volume days indicates pros buying in. NVI does NOT "naturally" rise with price - quite the opposite. So, when you see NVI with rising price, you are seeing a very peculiar pattern of accumulation. Yes, IOM had that pattern on the big run-up last year. But I swear I saw a twitch. :) Yes, TRIX looks better with 12-day than 15-day. Was in a pattern of lower highs, but just broke out from that. I'm afraid that this is not an indicator that I use, so am not sure what current thinking is on what time period to use.

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