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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: OldAIMGuy who wrote (4194)2/19/1998 4:32:00 PM
From: Bruce A. Bowman  Read Replies (1) | Respond to of 18928
 
I don't see a clear picture here, Tom. There was a nice positive divergence between RSI and price early Nov to early Jan, but it failed to move price. RSI divergence is one of the strongest signals I know of. Plus here's a lot of distribution going on: money flow, acc/dist, OBV and vol accum % indicators are all showing selling. Looks like no one wants DIGI. If you didn't already own it, that alone would make this a good time to buy. I see no current sign of life as we know it in the AIM world. I take it an analyst wrote something nasty about them and hasn't yet relented! :-)

Bruce