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Technology Stocks : Noise Cancellation Technology (NCTI)

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To: TA2K who wrote (2191)7/10/1998 8:18:00 PM
From: TA2K   of 2775
 
Today was mainly 'buying' and not 'selling'....

I spent a lot of time studying the NCTI ticks today, and after a dip in the morning, a whole lot of buying started taking place. This included one single large buy of 164,000 shares -- unambiguously bought at the then current 'ask' price. That one trade seemed to make quite a statement. After people waited to make sure it was legit, and not some error, the buy orders started FLOWING in.

Appears we've reached the bottom of this present cycle.

Nicholas
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