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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (10965)8/13/2003 11:28:43 PM
From: Gottfried  Respond to of 95718
 
Stan, good point. >This is one of the highest volume days for AMAT with a positive gain.< Looking at volume alone over 6 months only 2 days have been slightly higher.

stockcharts.com[w,a]daclniay[dc][pb50!b200!d20,2!c13!f][vc60][iUb5!Up13,8,3!Lah12,26,9!Ll14]&pref=G

Gottfried



To: StanX Long who wrote (10965)8/14/2003 9:35:00 AM
From: Return to Sender  Read Replies (1) | Respond to of 95718
 
Probably nine times out of ten high volume on an up move is good for further gains. This time it probably is too.

However just as there are days when a stock, or market, becomes oversold on huge volume days so there are days when a stock, or market, becomes overbought on high volume days.

There has to be a buyer for every seller. Huge volume can equate to exhaustion of a move in either direction.

RtS


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