ACRT about to move to new highs Message Board

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Microcap & Penny Stocks : ACRT about to move to new highs

ACRT 0.110

-7.6%

Dec 30 4:00 PM EST

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To: Tony Ferracane who wrote (349)	2/15/1997 8:22:00 AM
From: Doo	of 7054

Sometimes the Lombard intradays are impossible to read. Sometimes they are clear as a bell. On Thursday, the progressive rise was due to a lot of "small" trades. This was in sharp contrast to the past several days where we saw large blocks coming in. On Friday morning, the feeding frenzy was still on at the open, but a big hitter triggered the sell off down to the low. Small folks gradually picked up the buying again and it went unimpeded for the balance of the day. However, no big buyers over the past two days, failure to make a new high, "triangling" volume bars on the historical chart lead me to believe we are in a normal correction. Of course, that's my opinion and I'm about 0 for 3 reading this suckers chart. Hopefully, the volume will continue to ramp down and shake out the weak holders. Once it's "dry" a new run could start. Beware new highs on weak volume, though. That's what I think, Tony. Will I be 0-4?

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