Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: J.T. who wrote (5293)	11/22/2000 12:32:00 PM
From: marginmike	Read Replies (1) \| Respond to of 19219

JT I dont think Volume is good enough for CAPitulation. Sold Q @ 85 yesterday looking at 76-78

To: J.T. who wrote (5293)	11/25/2000 11:36:13 AM
From: Hawaii60	Read Replies (1) \| Respond to of 19219

Great call JT. Looks like you were right. Stocks such as MRVC, NTOP, etc., gave up the ghost on high volume on Wednesday, clearly capitulating. Then rebounded on Friday at 1/4 the volume but to higher levels. I think the final tax sellers, weak hands, and retail investors who could no longer hold the margin all threw in the towel. Don't know what it means though really that they rebounded on low volume, do you? Noticed even telecoms rebounded. Again, good call.