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Technology Stocks : WDC/Sandisk Corporation
WDC 137.53-1.9%12:33 PM EST
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To: docpaul who wrote (15179)9/29/2000 1:06:57 PM
From: Jason W  Read Replies (1) of 60323
 
Docpaul,

Do you use I-Watch at all?

I-Watch is viewed as a contrarian indicator quite often. It shows INTENT only, not true buys and sells. Therefore, an institution can offer to buy a very large block at a price and withdraw the order before it gets filled. Other people see the order, and buy, driving up the price, while all the while, the insty plans of selling at the inflated price. Hope that helps.

Jason W
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