IATV - ACTV Interactive Television Message Board

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Microcap & Penny Stocks : IATV - ACTV Interactive Television

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To: Stonesouls who wrote (1414)	1/7/1998 7:35:00 PM
From: SCOTT HEIMAN	Read Replies (1) of 4748

To all, I am no big fan of technical analysis, in fact, I probably only know enough about it to be dangerous. But I do remember reading that the pattern being displayed by ACTV over the past few months is generally a positive sign: Price spikes on above average volume with retracements on average or lower volume. The logic (as it was explained to me) was that focused accumulation was taking place on the up days and on the down days the buyers had backed off to see if any sellers may come in. Larger buyers of an illiquid stock like this one might just employ a tactic like this. If anybody out there is fluent in technicals I would like to get your thoughts. Thanks, Scott Heiman

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