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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 (10995)1/21/1998 12:47:00 PM
From: James A. Nelson  Read Replies (1) | Respond to of 79273
 
"MMGC has traded 83,600 ALL at the bid. Not a downtick in sight."

Does this imply that MM's are accumulating? If not, wouldn't you expect there to be a downtick? And MM's accumulating is a positive. No?



To: Doug R who wrote (10995)1/21/1998 12:56:00 PM
From: Dave H  Read Replies (2) | Respond to of 79273
 
Doug,

Did I read you right in that you might treat today & yesterday as combined for a potential signal from MMGC? so what we are waiting for is one downtick to establish a new low, right?
It's surprising to see 90k+ all at the bid without it moving down a tick....

-dave



To: Doug R who wrote (10995)1/21/1998 6:42:00 PM
From: Rsg  Read Replies (1) | Respond to of 79273
 
Oh, not for me, thank you.

FIBR? A 20%+ return in two days? Don't I have to hold a year for a return like that? <<ggg>>
APCO? Never could make money with that POW.
But I bagged MMGC.

Am I nuts?

Saw a 100k block trade go at the ask on IT just as I was about to sign off. After the close, IT showed a 200+k block going at the bid, totally skewing their volume total and making me question the veracity of the 100k block which influenced my decision to open a position in the first place.

Nothing like using the most accurate information on which to base your trading.
Ugh.
Well, my stop is in tight.

Could be your day tomorrow with APCO.

Rick G.