Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 691.66

-0.1%

Jan 16 4:00 PM EST

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To: Johnny Canuck who wrote (44949)	8/13/2008 7:47:17 PM
From: Johnny Canuck	Read Replies (1) of 69859

139.142.147.19 Interesting divergence in OBV on CSE. There is an indication of a lot more buying on up days than selling volume of down days. I have some reservation on this company as they have recently changed their business model with less of an emphasis on dividends and more on the grow of their newly acquired banking business. It may not be seen in the same light by mutual funds due to the change in business model and may result in large block selling in the near future. It looks like people are content to wait and see right now.

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