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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (6774)	10/30/1997 1:30:00 PM
From: Everett Bandman	Respond to of 79273

Doug R, Hope you have time to check out SRGE this weekend. Everett

To: Doug R who wrote (6774)	10/30/1997 2:04:00 PM
From: David Graham	Read Replies (1) \| Respond to of 79273

Doug, RADAF is featured today in the Motley Fool if you would care to go take a look and it's up a hair on a down day. Grammy

To: Doug R who wrote (6774)	10/30/1997 2:45:00 PM
From: Dave H	Respond to of 79273

>>>> BOSCF is at the bottom of the channel and ready to trend again, <<<<< Doug, BOSCF has certainly been acting strange the last few days: Date Open Close High Low Volume 10/24/97: 5 5/8 5 27/32 5 15/16 5 5/8 182,800 10/27/97: 5 3/4gapdn 5 3/8dn 5 7/8dn 5 3/8dn 171,800 -6% 10/28/97: 5 1/4gapdn 5 7/16up 5 7/16dn 5 1/8dn 79,200 -54% 10/29/97: 5 3/8gapdn 5 3/8dn 5 7/16-- 5 1/4up 9,900 -88% 10/30/97: 5 1/4gapdn ----- 5 1/4dn 5 1/8dn 7,600 -23% ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Summary: 1) Every day price has gapped down 2) Every day volume has decreased, and in last 3 days, volume has all but dried up 3) trend of lower highs and lower lows 4) Price is down 10% over last 5 days, no rebound on 10/28, instead a downtrend seems to be continuing. Observations: 1) Volume hasn't been this low since 8/28/97. Price was at 4 1/4. For the next week, volume increased, the stock tested higher highs but closed lower, until a breakout on 9/9/97 with a move to 4 25/32. Almost the same thing happened from 7/29/97 to 8/8/97. Volume dry up (on 7/29/97 it was less then 2,000!), a week of testing new highs with a breakout on 8/8/97. QUESTIONS: 1) Is what happening now fitting the same pattern? 2) What is the significance of this sort of price/volume pattern? ie, what's going on??? 3) Any other comments about the above stuff I mentioned would be most welcome, ie, the fact that the stock has gapped down every day, and also what does the EXTREMELY low volume mean? The stock has dropped a lot just on a handful of trades. Weird! Thanks for any help you or anyone else can provide!! -dave