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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?

To: Linkdog who wrote (14953)	8/10/1999 10:07:00 AM
From: Bruce L	Read Replies (1) \| Respond to of 42804

<<How do you really know that MRVC is being accumulated?>> l. Market Edge's "Second Opinion" says it is being accumulated per their up-down volume analysis. 2. The OBV (On Balance Volume) indicator is still trending up, though not nearly so sharply as earlier in the year. If MRVC continues to slowly fall while the OBV is still trending up, it shows a divergence and suggests the price should move up. 3. "Money Flow", a proprietary indicator of IQSuite for measuring money inflow/outflow based on upticks vs downticks still is generally positive, though not in recent days as strong as earlier in the year. 4. Most importantly, I personally monitor large trades in MRVC. The larger trades (i.e. >5000 shares) have been very consistently at the ask. For instance, yesterday there was one 5000 share trade near the end at the bid, but all others (that I saw; I don't always go back over time & sales) were at the ask. Some days we don't have many at all - and this can be significant as a rally will falter w/o them - but when we have them they seem to be purchases. IMHO. This, of course, is important in that it reduces the supply overhang in weak hands(e.g., Dana). Bruce