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


To: John Madarasz who wrote (9573)5/18/2001 8:34:04 PM
From: James Strauss  Respond to of 10081
 
Good analysis John...

I'm keying in on the On Balance Volume, Accumulation/Distribution, and MoneyFlow which are all rising on the 6 month chart... stockcharts.com[w,a]daclyymy[dc][pb50!b200!d20,2!f][vc60][iUb14!La8,17,9!Lf!Lh5,5!Li5,5!Lg!Lc20]

This suggests a steady accumulation of the shares on dips... The Accumulation/Distribution indicator is at the highest level since January of this year... When there is intermediate term confirmation of price movement by these indicators, it is confirmation of a trend... You can draw a rising trendline from the end of April prices to the recent dip... That is suggestive of a bullish rising bottoms pattern... I like what I see... : >

Jim