INKT--25 big blocks going through.. One of the most in the sector.. second to AOL.. VRSN had 25 right before its uptrend and it was one of the reasons I entered. 25 was higher than the 30 day average for big blocks, today VRSN had only 15, still high but shrinking. To compare XCIT,SEEK,AMZN,YHOO all had between 10 -14 big blocks. CNET had 0! As I said this is just a 'confirmation' of the indicator breakouts, etc. But I think its significant. When big blocks come back to certain stocks in this sector, you should take notice.
I did enter VRSN when the chart patterns were similar to INKT's today. VRSN continued on a relatively long (in internet terms) uptrend while others were dying. I have a feeling that unless there is some bad news for the sector, INKT will continue to rally.
techstocks.com
techstocks.com
VRSN from May 12, hopefully for INKT the same?
-------- ------------- -------- -------- -------- -----------
5/21/1999 137 3/16 140 5/8 144 5/16 135 3/4 835,100
5/20/1999 139 9/16 133 144 7/8 132 3/4 1,512,700
5/19/1999 132 3/4 129 134 1/2 128 1/4 839,300
5/18/1999 128 3/4 128 1/2 130 1/2 125 595,200
5/17/1999 129 5/32 124 1/8 129 1/2 120 5/16 1,201,900
5/14/1999 128 1/16 120 1/2 128 3/16 118 1/4 1,158,100
5/13/1999 126 13/16 122 129 1/4 121 3/4 1,094,200
5/12/1999 120 3/4 123 3/8 124 116 1,196,300
|
