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Technology Stocks : The New QLogic (ANCR)
QLGC 16.070.0%Aug 24 5:00 PM EST
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To: Nine_USA who wrote (12424)11/11/1997 5:09:00 PM
From: mike fredricks  Read Replies (1) of 29386
 
To all:

I have a question that i hope someone can answer.

I looked up Ancor today at the close and i notice the spread between bid/ask volume. The bid was 1,000 and the ask was 2,000, yet the trend was up. Am i correct to assume that for every thousand shares to buy, there was 2000 to sell? wouldn't this cause a downward trend? What do these numbers mean?

Thanks for the help.
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