MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 695.17

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4:00 PM EST

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To: Zeev Hed who wrote (80945)	7/28/2001 11:39:44 PM
From: mishedlo	Read Replies (1) of 99985

Another interesting point. If Price follows volume, why did VRSN close up less than one point on that opening gap up on Friday on over double average volume. Same question for QCOM. If they really wanted to buy VRSN or QCOM I think they would have hammered QCOM on news of 20% lowered earnings or whatever it was. Instead it gaps up and goes nowhere on 1.5 times normal volume. GOT DISTRIBUTION here? That is what I smell and smell big. HGSI is another one. It will be fun to watch this flying POS crack 40. Hopefully it will bring 20 in a hurry. M M

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