Stock Attack -- A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Judy who wrote (7822)	4/24/1998 12:24:00 PM
From: Robert Graham	Read Replies (1) of 42787

IBM is exhibiting more "well-balanced" behavior where there are periods of buying and selling by the larger blocks with price responding instead of some very large block stepping up which moves the price up after a period of selling by the larger blocks. From what I can tell so far, there appears to be a general accumulation by the larger blocks right now. I wonder if the recent price spike and the holding of its price upon retrace had placed this stock on some of the funds radar screens? Or were they just waiting for the volatility of the stock to settle after the earnings report before buying? CMGI is exhibiting more mixed block sizes with so far from what I can tell a net selling by the larger blocks. I will take a look at HWP later today to see what is behind the breakout.. Bob Graham

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