OCCF: Optical Cable Corp Message Board

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Technology Stocks : OCCF: Optical Cable Corp

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To: redbird who wrote (372)	2/14/1997 12:38:00 PM
From: Matt Kaarlela	of 545

To Redbird and all, I like to use volume to judge the market not just price. I do not agree with the 16 resistance point view. I see 16 as a resting point up the bigger hill. If the stocks trade under 16 tomorrow and volume starts to slack off then I will consider it but the volume has been moving up fast and that suggests more upward movement. If we close over 16 today with over 200,000 shares, I will take that as great news and would agree with redbird about the shorters covering. Also consider the bandwagon traders that jump on rising ships. With a 10-20% gain today, that will attract alot of attention on wall street which means more players join in. Good old supply and demand! Just my 2cents worth...

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