Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (11206)	12/10/1997 2:37:00 PM
From: Bilow	Read Replies (1) of 94695

Hi GROUND ZERO; Another couple CPQ graphs. I really appreciate your comments on TA, I think you're a god on the subject, and it is quite mysterious to me. Please correct my terminology. I've been noticing flat periods with "stalactites" hanging down from them in the minute stock graph for CPQ. I am interpreting these as large limit orders being picked up by the small fish. Is this correct? Note particularly the midday flat yesterday. The last two days prices in CPQ: tscn.com The last five days CPQ: tscn.com The coil in CPQ adds another turn: tscn.com -- Carl

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