SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : WDC/Sandisk Corporation
WDC 181.08+3.5%Dec 19 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Loren who wrote (1573)11/14/1997 9:11:00 AM
From: Jerome Wittamer  Read Replies (1) of 60323
 
Thanks Loren,

I have 2 more questions :

1/ given the VERY LOW volume in the past week, is any trend meaningful? I remember reading TA books years ago and they told that a trend should be supported by reasonable volume. Strong volume is a good indication. Here we have 1/4 to 1/3 of average daily volume since the slide from 29 to 25 has begun. Your comments...?

My interpretation is that most people are holding while few people are either taking profits or are scared by IOM smoke.

2/ when can I buy more without losing money short-term : thanks for telling us as soon as you see the triggers show an opportunity.

Thanks in advance,

Jerome
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext