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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: TechTrader42 who wrote (14665)8/11/2001 12:08:27 AM
From: bobby beara  Read Replies (1) | Respond to of 52237
 
megaphones can be distribution, or accumulation, if we take out the bottom of todays tail, i would conclude it's distribution, HOWeva

stockcharts.com[w,a]daclyymy[pa6!b200][vc60][iUb14!La12,26,9]

you look at those three massive volume bar breakout bars in mid/late april, and you could make the conclusion we have made a wychoff, low volume re-test of the broken ice

there was some extreme put buying in microsoft at the lows, pointed out by larry mcmillan,

this is a blue chip company with lots of cash and able to weather the hurricances that will kill most companies that live mostly on hype.

the msft chart was the one to watch at the top, and it is the one to watch at the bottom too, IMHO

sentiment is an inexact science, it's not a science at all.