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Technology Stocks : Azenta -- Ignore unavailable to you. Want to Upgrade?


To: Donald Wennerstrom who wrote (597)2/17/2001 8:41:41 AM
From: robert b furman  Read Replies (2) | Respond to of 1138
 
Hi Don,

Brooks has really held up well within the semi-equip sector.

I may be all wet here - but it has experienced very high "on balance volume".The volume on the 13 and the 14 was very high.This is really a fine point here but volume in the handle is supposed to be low.The breakout is supposed to be high volume.

With Nvls breakout aborting on friday I'm wondering if the 13th and 14th high volume days weren't somebody's opportunity to feed out of a position and subsequently abort brks's breakout???

It is always an extremely high anxiety moment where you almost hold your breath waiting for it to happen.

I have a screen on TC 2000 that matches rsi with the sox and OBV when they both peak it is usually a great short.

Hope that isn't the case if your long - but I wanted to at least give you my 2 cents worth.I don't own brks but have admired it for a long time.I've been brokenhearted from a failed handle more than I've been elated - especially of late.

I could be wrong.gggg

Bob