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Technology Stocks : Alliance Semiconductor

ALSC 0.810

0.0%

Jul 10 5:00 PM EST

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To: Norrin Radd who wrote (3580)	7/9/1998 2:37:00 AM
From: luis a. garcia	Read Replies (3) of 9582

I agree Tom but here is what I am getting at. Alsc is been slipping and tracing a familiar arc associated with distribution. Generally the Obv will track this trajectory or parallel it and even go full negative and drop across the plus to the minus side. as i was saying even though the price pattern is unmistakable the obv is not confirming at all it is actually just going sideways and remaining at the same or approximate level. that is either some quirk of the algorithm I use or it is more likely an indication there is bee very few relative shares traded and the stock just fell of its own weight... if so the snap back would be high and quick. luis

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