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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Dennis V. who wrote (9115)3/11/1999 4:16:00 PM
From: Robert Cohen  Read Replies (2) of 27311
 
I look at it this way. The bid signifies traders that say "I have cash and wish to buy". The ask conversely says "I have shares and wish to sell". Pretty simplistic but works for me. As the bid size increases it usually forecasts up side momentum.

Robert
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