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Strategies & Market Trends : WELCOME TO THE CATHOUSE -- Ignore unavailable to you. Want to Upgrade?

To: bazan who wrote (821)9/29/2000 12:21:05 PM
From: Doug R  Respond to of 1065
 
Bazan,

Yesterday's bar and volume looks like a signal to me.
VIAN:
date vol high low close
09/25/00 3,075,500 6 7/16 5 3/4 5 3/4
09/26/00 2,888,000 5 7/8 5 3/16 5 5/8
09/27/00 2,434,300 5 15/16 5 1/4 5 3/8
09/28/00 3,731,200 6 1/2 5 1/8 6 3/8

Doug R



To: bazan who wrote (821)9/29/2000 2:29:29 PM
From: ivan solotaroff  Read Replies (2) | Respond to of 1065
 
Bazan,

Because yesterday's volume was only 18% greater than three days previous to that. That's not enough to spell exhaustion -- particularly when a stock closes 23.4% above its new low on the signal. The cats average 28%; why would you buy a stock that's already 80+ of your goal?
Hope that helps, and welcome to the Cathouse.

Ivan


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