Stock Attack -- A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Chris who wrote (3475)	9/29/1997 8:24:00 PM
From: feewaybill	of 42787

Hi Chris; PTIS is BULLISH!!.... Price closed up 1 1/16 (+10.49%). Huge volume of 1,071,200 compared to its 180 day moving average of volume of 160,500. I like to check my 180 day moving average of volume indicator. When volume is really low less than 30% of 180 day M.A. of vol., you have run out of sellers and a trend change should occur. High volume does'nt last long and comes at extremes. You would probably make fair returns buying on low volume and selling on 2.5 x 180 day average of volume. PTIS is at 6.5 x its 180 day M.A. of volume. CCI(13) is at 315 showing overbought. We should be seeing a dip(pullback) would be my guess...................Time to watch 49'ers............Bruce

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