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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 (10282)1/8/1998 4:55:00 PM
From: Carolyn S.  Respond to of 79193
 
Some T action today in the most actives -

No particular patterns, just some big moves.

UP puppies:

TOPP - big bounce up from yesterday's sharp bottom at 1 1/2, with high volume, closing today at its high of 1 29/32.

TTG - gap 15 to over 16 at open, late morning rocket blast to 20 7/8, then down to 17 1/2 or so and back up to close at 18.

TIER - blasted up from 9 1/2 to 12 today, on increased volume, and retreated to 11 1/4 during the afternoon. Strangely, although the price climbed all morning, over 200,000 of the 285,000 volume occurred within 5 minutes shortly after 1 PM. At least that's what it looks like.

DOGGIE downers:

TGIS - gapped down from 12 1/4 to 10 1/2 and traded down to 9 immediately, then recovered to 10 3/8 area where it remained all day.

TRPS - BIG volume dropping from 14 3/8 to 12 5/8. Looks like it's on downtrend support right now. Volume was BIG (more than double the highest daily volumes in the last several months. That was a very violent move from the top of its channel to the bottom. Closed at or near the low of the day.

TSII - gap down from 10 1/4 to 9 1/4, traded as low as 8 1/2, closed at 9.

I'll try to look at my whole T list tonite.

Carolyn S.