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Technology Stocks : Individual, Inc. (NEWZ) - Any thoughts?
NEWZ 27.07-1.1%Nov 14 10:39 AM EST

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To: Jonathan Brown who wrote (380)10/10/1997 3:09:00 PM
From: Sonny   of 1004
 
Look at the dwarfness of the down volume though, compared with the
mega spike day on the Ma Bell annct.- if you superimpose vol. analysis
on top of price and if then it generates any trend, usually thats a much better indicator. From this perspective, I can't see how this can be called as a downtrend with any signal-generating potential. Its merely the shedding of ultra-short-term mom'm investors, who have moved on to (what they think as greener pastures) someplace else (maintaining a perfect eye on any indications about the beginning of the termination phase of this departure carnival of their buddys). As soon as this traffic reduces, they will once again swarm back in!
... its just the nature of the game!

regards to all,
-/Sonny.
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