Silicon Graphics, Inc. (SGI) Message Board

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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 91.07

-0.9%

Dec 8 3:59 PM EST

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To: Ms. Baby Boomer who wrote (10413)	9/11/2002 12:36:27 AM
From: MJ	Read Replies (2) of 14451

If light volume on the upside pushes the on-balance volume beyond a previous high in the obv and the price breaks out then the piddly volume accomplishes a bullish move in the stock----serving as an early warning along with the OBV. So this can be seen as accumulation. Now assume that the light volume accompanies a decline in price on the downside-----then the reverse would be true with a decline in the OBV with a breakout to new lows--the piddly volume would indicate distribtuion and not accumulation. So what do you think----accumulation or distribtuion for the recent light volume? Just experience, Maria. mj

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