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Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?


To: HeyRainier who wrote (967)5/25/1998 11:59:00 PM
From: ftth  Read Replies (2) | Respond to of 1720
 
[DDIM] The first thing that popped in my head when I pulled it up was PWAV. Similar overall shape. Anyways, yes, some nice bursts of accumulation, and does appear the final shakeout of weak hands is over (the selloff after the 4/21 rally). The accumulation days which followed that selloff were not met with any more distribution of significance. 8 consecutive days of very tight range. Doesn't appear to be enough selling power left to push it down. Definitely worth keeping an eye on. Plus, it's about time for a Y2K rally, isn't it?
dh