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Biotech / Medical : Millennium Pharmaceuticals, Inc. (MLNM)

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To: tuck who wrote (624)1/17/2001 11:26:19 PM
From: XenaLives  Read Replies (1) of 3044
 
I don't think what we saw today was sellers, I think it was a calculated stampede or a dip to trigger stops.... Look at the intraday chart today with volume accumulation (found on bigcharts.com), down quick and volume buyers moved in for the kill.

Also look at a 10 day hourly chart, again with volume accumulation... volatility early on, smoothing out and decreasing volume then today WHAM!

Anybody have a different interpretation? I'm new at this and there could be another explanation, but I can't think of it.
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