Thermo Electron (TMO) Message Board

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Technology Stocks : Thermo Electron (TMO)

TMO 566.12

-0.3%

Nov 6 3:59 PM EST

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To: Jim Goodman who wrote (198)	7/28/1997 5:36:00 PM
From: yard_man	of 450

I see the patterns in the other stocks clearly. Can you explain the "technical" difference here between a stock that hits a bottom with a rather short "flat" region versus those that form a "good base?" Also in the Apr/May timeframe there was drop in TVL to around 8 with a similar short leveling out. Only difference appears to be the drop-off in volume this time. Is that the key to your identification of this as a psycle purchase? Please e-mail if you'd rather not discuss here.

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