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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Alan Smithee who wrote (71250)11/9/1999 6:53:00 PM
From: charlie mcgeehan  Read Replies (2) | Respond to of 90042
 
thomsoninvest.net
looks to me there was heavy buying except for the first and last hour and the last hour dropped on small volume. from 10am to 3 pm buying was heavy and never moved the price. good day to be the specialist imo
charlie
ps key to me is still the volume. 5m+ is very bullish. institutional buying strong. takeout possibility remains very strong and if it doesn't happen this is a good hold at the moment



To: Alan Smithee who wrote (71250)11/9/1999 7:14:00 PM
From: Ellen  Respond to of 90042
 
Thanks D.S.G.

I understand what you mean, but don't know enough about Point and Figure to interpret it on my own from a PNF chart & its markings (the X's and O's). Have just barely begun any reading on it, so its concepts and how-to's are still very new to me.

So, at this point, I really don't even know enough to ask an intelligent question about it - except for what your abbreviations meant...:-)


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