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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: James A. Nelson who wrote (10998)1/21/1998 12:50:00 PM
From: Dave H  Read Replies (1) of 79273
 
"MMGC has traded 83,600 ALL at the bid. Not a downtick in sight."

Does this imply that MM's are accumulating? If not, wouldn't you expect there to be a downtick?
And MM's accumulating is a positive. No?


Not sure, but I do recall all the action at the bid re: RADAF that happen before it exploded.
One thing's for sure, the MM's ARE doing something if that much volume can go through at the bid or ask without the b/a changing at all.

-dave
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