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


To: JOE W who wrote (1617)11/16/1997 3:51:00 AM
From: Mike Winn  Respond to of 60323
 
Joe - here are all the TA info that I gathered from nice people on this thread:

- TA tutorial: e-analytics.com

- Chart: iqc.com

- More chart: iqc.com

- Book: "Trading for a Living" by Alexander Elder.

I just discover this site today to find info about short level:
viwes.com

I look at the S/A (short to average volume ratio) for SNDK and it's below 1, which is quite low. It's going up though but I consider that the current level is neutral. That means that lately, this stock has fallen because the long sold the stock and it's not because of the shorts. Between May and July when SNDK moved up quite a bit, S/A was higher than 1. Average daily volume is currently increasing (more volatility?).

I checked the following stocks MRVC, YHOO, QCOMM and they all have quite high S/A ratios (high short level).