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

To: RobertSheldon who wrote (5384)	4/11/2000 7:44:00 PM
From: Big Bucks	Read Replies (1) \| Respond to of 15615

RS, I don't consider myself naive concerning investing, having done it for many years. To move 43M shares at an average trade volume of 1500 is 28.66K trades, that's a lot of trades, IMO. You could be right, got any idea of the total number of trades on GBLX today? A larger number of trades would indicate that smaller investors were actively buying into the stock, conversely a smaller number means larger investors trading. Since the stock price remained relatively flat I'm surmising that buying and selling were fairly well balanced. Personally I trade in 500-2000 share lots in my portfolio and consider myself an average investor. FWIW, technical information is statistical analysis of prior performance parameters, how you interpret it can give "guidance" on how a stock should perform over time, it is not "absolute", but it is better than looking at chicken entrails. JMO, BB