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Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Loren who wrote (1573)11/13/1997 11:25:00 PM
From: Mike Winn  Read Replies (3) | Respond to of 60323
 
Loren,

Mauro already said he is sorry. He is a nice guy, just had a bad day stock-wise. Days like that, I am grumpy too. Back to TA, do you know any book that you can recommend reading? Please let me know too when you see buy signal on this baby. I have more cash that I would like to move into this one.

Regards,
Mike.



To: Loren who wrote (1573)11/14/1997 9:11:00 AM
From: Jerome Wittamer  Read Replies (1) | Respond to of 60323
 
Thanks Loren,

I have 2 more questions :

1/ given the VERY LOW volume in the past week, is any trend meaningful? I remember reading TA books years ago and they told that a trend should be supported by reasonable volume. Strong volume is a good indication. Here we have 1/4 to 1/3 of average daily volume since the slide from 29 to 25 has begun. Your comments...?

My interpretation is that most people are holding while few people are either taking profits or are scared by IOM smoke.

2/ when can I buy more without losing money short-term : thanks for telling us as soon as you see the triggers show an opportunity.

Thanks in advance,

Jerome