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To: PuddleGlum who wrote (341)1/2/1998 5:48:00 PM
From: Gottfried  Read Replies (1) | Respond to of 754
 
Steve, I found a new (for me) indicator: volume-by-price [vbp].
It shows the volume as a function of price as a bar chart.
For LLTC the next large volume bar is around 65. I interpret
this as meaning many investors bought there and some of them
may sell at their break-even point. This would offer some resistance.
For some reason the URL doesn't properly update itself. But you select
vbp as an UPPER indicator and volume+ as a LOWER indicator.
Please try it and let me know what your interpretation is. You can save your settings and will not have to reenter them next time.

bigcharts.com

As for selling into the bubble: the trick is to recognize
a bubble as it forms. The other trick is to psychologically
digest the idea that the stock may go higher without me.
But is HAS to be better than watching it decline step by step.<G>

Regards Gottfried