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To: yard_man who wrote (66336)10/4/1999 11:10:00 PM
From: Oblomov  Respond to of 86076
 
This former momo stock looks like it is about to slide:

iqc.com

Scroll down and note how closely it appears to be negatively
correlated with PDG; note distribution over the last 6 months (as
indicated by OBV), whereas PDG was being accumulated; note how it
could only mount a 3/8 pt rally on a day that the rest of the
telecom infrastructure sector was flying (e.g. JDSU, RFMD, NT)...

Then scroll down further and see how its little brother ROK is
unable to get up off the mat... if LU falls, the whole market
will fall.

AA