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Technology Stocks : Teradyne
TER 198.50+0.7%3:59 PM EST

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To: D.J.Smyth who wrote (641)1/6/1998 6:10:00 PM
From: D.J.Smyth   of 1184
 
interestingly there was a 500,000 block on the buy side today at $33 1/4 which sent the stock price up, but only briefly. oscillation, MACD of Teradyne's movement at this level actually shows Teradyne to be under accumulation even as the stock price has appeared to weaken from last month's high of $37. the specialist is obviously screwing the small trader and possibly some short traders; or at least is moving against the prevailing accumulation pattern of the stock.
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