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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 685.69+0.2%Dec 5 4:00 PM EST

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To: Nancy who wrote (35324)11/30/2001 3:53:19 PM
From: Johnny Canuck  Read Replies (2) of 68781
 
Hi Nancy,

>>:13PM Tellium (TELM) 7.38 +0.32 (+4.5%): Experiences >>surge in volume on reports that company CEO very >>comfortable with guidance.

Seeing lots of volume but no movement in price. It is the overhead from the lock up keeping it down.

I am not going to chase this one. The fundamentals of the sector are still too weak. It is a stock seeing traction in a sector that is lousy.
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