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Technology Stocks : Aeroflex (ARX)
ARX 12.62+4.7%Nov 7 9:30 AM EST

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To: Kerry Lee who wrote (402)3/12/1998 9:27:00 PM
From: Harry Ehrlich  Read Replies (1) of 586
 
For a moment, I saw the bid drop to 12 1/8. You're right, it was definitely a shakeout. The last shakeout took the stock to about 10 5/8. But then it slowly crept up to 11+ on low volume.

There is definitely some accumulation going on. My TA software has William's accumulation/distribution indicator and it is at an all time high.

Harry
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