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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!! -- Ignore unavailable to you. Want to Upgrade?


To: Joe C. who wrote (3224)3/24/1998 1:26:00 AM
From: DanZ  Read Replies (1) | Respond to of 6565
 
The block buyers were out again today. Last time we had a lot of block buyers, the stock rallied the next day. Hopefully history repeats itself. Money is moving into VLSI. Today marks the third day in a row for positive money flow and the fourth positive day out of the last five. The stock made a new low for the move today (albeit only by a few ticks) and closed above the previous low and near the high for the day. That's also positive technical action. The oscillators are still showing a bullish divergence. Patience will be rewarded; VLSI will turn soon.

Dan