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Technology Stocks : Xilinx (XLNX)
XLNX 194.920.0%Feb 14 4:00 PM EST
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To: Matthew who wrote (1642)1/22/1998 11:06:00 PM
From: Scott Violette  Read Replies (1) of 3291
 
On Balance Volume has been dropping since 12/8.

Have you looked at the OBV for XLNX? It has been dropping since 12/8. December's selling can be chalked up to tax loss selling season, but it has sped up in January. Big$ money is selling into the rallies. Rallies have been on low volume.

Not a good sign.
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