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Technology Stocks : Sonic Solutions (SNIC)

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To: dvdw© who wrote (480)1/24/2004 3:27:02 PM
From: dvdw©  Read Replies (1) of 553
 
From Yahoo SNIC
Not interested in debating the merits of one form of TA over another...but the data of the previous post SI 480 contains the TELL that SNIC will begin to move in CHUNKs...no chart has predictive quality for Supply imbalances...Instituions are locked and loaded, short anergy is faced with a declining Supply...which functions to provide fuel....

the traders share of the daily trade shrunk by 7 million shares in the period between q3 & q4 as anticipation for a dramatic and decisive move forward.

All action is happening against a common float...and its shrinking.....

Scarcity against available supply or common liquidity as manifest by investor intent......its clear to anyone who looks. Offer me an oz of gold @$400 or 20 shares of SNIC.?..I take the shares...

Predictive Tells Suggest that by the end of Q1 04 total share vol will exceed 40 million shares. This is barring any interruption from an acquisition( in which case the Vol would quadruple)

The total number of days to trade in Q1 04 suggests vol will accelerate to at least double last quarters total trade.

I wont be back until quarter end; by then; my SNIC shares will have grown in both qty and Quality... just let the market speak.

I have many supply imbalances to tend too...there are particular times when being in or out matters most, this is a time to be in.
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