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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: im a survivor who wrote (21325)12/1/2000 10:35:12 AM
From: edamo  Read Replies (3) of 65232
 
keith..."lets see if it holds"

the up volume in the first hour on many high growth/low value techs is about four times that of yesterdays first hour down volume...

indicative of other then retail buying in certain issues...

reinforces a bottoming, basing begining....(csco up about 6% on 23mil shares, jdsu +14% 17mil shares)

not saying the choppy trading is over....but institutions appear to be taking small positions....encouraging?

don't run out and break your piggy bank....just start follow possible developing trends in volume and price action

good luck

ed

p.s...got more atml assigned early this morning
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