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Technology Stocks : QUANTUM -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Egg who wrote (7158)1/29/1998 3:09:00 PM
From: TREND1  Respond to of 9124
 
Jeff
(1) Funds now trade 90% of the shares on the NYSE.
Source:Worden
Assunme same for nasdaq
(2) Funds can play with daily and weekly trends
(3) I feel that funds can not play with monthly trend.
(4) So I'll wait for MHH(monthly higher high)
(5) Go to library and take a look at Value Line and the
monthly trends on their charts !!!
(6) I am following QNTM SEG WDC
Visit my web site to see monthly charts.
geocities.com
(7) Members of my FREE email list will get the word as
soon as their is a MHH on QNTM
Larry Dudash



To: Jeff Egg who wrote (7158)1/29/1998 3:17:00 PM
From: RealMuLan  Read Replies (2) | Respond to of 9124
 
This is an encouraging sign. However, I think people usually count 50-day moving average instead of 40 day MA. For QNTM, 50-day MA is somewhere around $22.5, so if the stock can close at that level, then it tells you that some people out there are accumulating the stock.
Good luck.