America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Out_of_the_Trap who wrote (6443)	3/11/1999 7:11:00 PM
From: Steve Robinett	Read Replies (1) of 41369

Phil, You comment, The volume was very low again today. Low compared to what? What do you mean by low? On a 10 day basis, the volume was actually quite high, indeed one and a half standard deviations above the volume's 10 day moving average. On a 20 day basis, it's about a half a standard deviation below its 20 day moving average. Taken together, that means that both volume an price have perked up significantly (a standard deviation is by definition significant) over the last few days. But we knew that. Again, what do you mean by low? Best, --Steve

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