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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?


To: William Epstein who wrote (12249)6/18/1999 7:05:00 PM
From: add  Read Replies (1) | Respond to of 27311
 
Money flow dropped about three days ago..

Yeah, I ran out of money to buy ;-)



To: William Epstein who wrote (12249)6/18/1999 8:21:00 PM
From: Pallisard  Read Replies (2) | Respond to of 27311
 
I don't know what charts you're looking at. If you refer to Bigcharts on the Freerealtime, MONEY FLOW IS STILL QUITE POSITIVE.
If you refer to MetaStocks for Java, Accumulation/Distribution is also still very high. The only indicator that has dropped significantly is momentum, and that would be obvious even without a chart, since the volume has dried up and the price has drifted down.

I'm sure there'll be no final SPIKE down, that this area (6 3/8 - 6 1/2) is, in fact, the bottom, and that short positions should be covered.