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Strategies & Market Trends : Investor sentiment surveys - a technical indicator
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To: Q. who wrote (120)10/29/1997 4:08:00 AM
From: FIFO_kid2  Read Replies (1) of 167
 
Oddly enough an excellent indicator for the recent events was seen in the recent speculation of certain microcap stocks. Examples: Comparator Systems IDID went from .06 to $2 in two days followed by a damaging small stock correction three weeks later. The definite sign of the this recent sell off was the similar blowoff trading activity in Safe-T-Lock LOCKC going from less than $.50 to over $5.00 in two days. Did I predict?-Yes. Did I capitalize? Unfortunately not because it is hard to leave the party when you are still trying to catch up.
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