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Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?


To: Mike Jubian who wrote (3161)1/19/2000 3:25:00 PM
From: Montana Wildhack  Read Replies (2) | Respond to of 14101
 
Mike,

Another fine example of a free market economy
at work.

This is institutions trading. The wall of 20,000
has been at 4.30 for some time and thats all it
took for DMX to bounce off on the downside.

Today, there is a pickup in volume and those 4.30's
disappeared pretty quickly. I'm suprised by the
size of the effort felt necessary to hold this
stock down.

Until very recently it hasn't taken much. Today
interest has picked up.

Its a good thing overall since we've been in this
pattern anyway. I guess we won't close up today
as I'd felt; but, something is definitely happening
after nothing for a long time.