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Strategies & Market Trends : ZITL, best stock for traders

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To: blast_investor who wrote ()	3/15/1997 10:09:00 PM
From: blast_investor	of 26

past post: ------------------------------------------------------ Tan: I view OBV as long term picture of stock. OBV is much better than volumn itself. OBV now is at all time high. However OBV increased last couple of days indicated the resistance at 26-30 is real. I also noticed that from $60 down to $30, OBV kept almost same. The big money have not left ZITL. I view this as flag of neutral or slightly bullish short term. When OBV tanks, big money really leaves ZITL. If you look at IOM, OBV of IOM is negative now. In big picture, OBV should have the same trend as price. OBV really tell you where the big money or "smart money" go. If you compare OBV of ZITL and VIAS, you will see the difference. OBV of VIAS tanked as price tanked. Big money is leaving VIAS. the flatness of OBV of ZITL clearly tells me that big money in ZITL has strong confidence even when price went down from $60 to $$30. This is a flag or reason that I went long today in expect of strong leg up. I read OBV trend more than price trend. Henry ----------------------------------------------

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