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To: Ibexx who wrote (37197)7/26/1999 10:46:00 AM
From: marginmike  Read Replies (1) | Respond to of 152472
 
I think the volume numbers are skewed due to secondary. The TA guys think that we are down on heavy volume the day of secondary. However that was BECAUSE of the secondary. Ithink TA is worthless untill the stock stabilizes and a pattern is stabilized. What do we consider good volume?



To: Ibexx who wrote (37197)7/26/1999 11:18:00 AM
From: gdichaz  Read Replies (2) | Respond to of 152472
 
Ibexx: Since the news shows Japan having troubles (again) and the US stumbling toward a potential downturn, perhaps someone on "the Street" might notice that AG is fighting the last war and that what is more likely to happen within the next 6 months is an interest rate reduction than an increase - if some slight degree of rationality enters.
But not holding my breath. Chaz

PS If the interest rate rise bugaboo is lifted the market might lift - if and when that happens. Look for some recovery from low today and perhaps a bit more substantial recovery AG (meaning After Greenspan mumbles on Wed)

PPS But all this is trying to predict irrational and emotional behavior. Not too easy to do, no?