Firstwave Technologies, Inc. (FSTW) Message Board

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Technology Stocks : Firstwave Technologies, Inc. (FSTW)

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To: Kailash who wrote (280)	1/19/1998 8:49:00 PM
From: Hank	Read Replies (1) of 1205

Kailash, BOP and Money Stream measure the methodical accumulation or distribution of a stock over time. Stocks don't necessarily go up right away when they are under accumulation. That's because the buying can take place over an extended period of time and essentially be "hidden" from the untrained eye if one is only looking at day to day price movements. If the volume on a stock suddenly triples in one day due to heavy buying, then the price obviously will rise noticably. If it takes place gradually over a longer period of time, it can be done in such a was as to move the price little if at all. The smart money always accumulates or distributes stock in this way when good or bad news is expected. It keeps them one step ahead of the herd. That's what BOP and Money Stream are designed to pick up on when used together. Since they are proprietary indicators belonging solely to TC2000, I do not know exactly how they are calculated. Hank

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