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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: shasta23 who wrote (26209)4/17/2000 9:53:00 PM
From: xcr600  Respond to of 71050
 
Not sure what to make of it but block vol seemed low. It was interesting to note. My gut feeling is that they gave us the much needed technical bounce. Couple other thoughts- institutions have been heavy sellers since the start of April. Maybe they have nothing left to sell? lol.. or they are just riding the sidelines for the summer doldrums.

I am going to use this bounce to swing some plays, dump some losers and try to raise some cash. FOMC not to far off.

NTAP's block vol seemed to be a plus. It was over 25% of daily vol.

PMCS probably had the momo crowd in it coupled with an earnings play.