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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 685.66

+0.2%

4:00 PM EST

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To: Clint E. who wrote (22599)	8/5/1999 7:16:00 PM
From: xcr600	Read Replies (1) of 68618

Clint, I also agree with your spike low definition, but I like to see huge volume. At least twice the daily avg. You can usually tell when it's happening because the stock will have traded possibly it's avg vol in the first hour or so. AOL was crazy after the open today. One thing the surprised me today is the amount of vol CMGI traded and the stock didn't end up "all that much". Traded almost 3xfloat (assumed 6.1mln is correct). Would have liked to seen a stronger move. I will probably sell into any gap tomorrow am. Lucky me off today and tomorrow! x

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