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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?

To: drsvelte who wrote (2358)	10/6/1999 4:14:00 PM
From: AurumRabosa	Read Replies (1) \| Respond to of 15615

Is GBLX now under distribution?

To: drsvelte who wrote (2358)	10/6/1999 5:18:00 PM
From: M. Frank Greiffenstein	Read Replies (3) \| Respond to of 15615

The On Balance Volume line has been telling you that GBLX has been under accumulation since early September Please, don't make me laugh. Been there, done that. The problem with TA people is that they only remember the instances when it works but never keep track of when it doesn't work. I've kept track (including OBV) and found it does not improve prediction. What does happen is that people become convinced of TA during bull markets when most stocks rise anyway irrespective of what the charts say. DocStone