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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Captain Jack who wrote (62810)6/10/1999 9:34:00 AM
From: DRRISK  Read Replies (1) | Respond to of 97611
 
Capt,

I do not see yesterday as a down day and strictly speaking I would say your volume interpretation is right in most situations. However, when a stock has been so severely oversold and the money flow has reached such severe negative territory to me the volume increase is related to massive institutional accumulation which must be factored into the explanation of the volume. We essentially agree I think.

DrRisk