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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Instock who wrote (19181)7/8/1998 7:04:00 PM
From: bdog  Read Replies (1) | Respond to of 79284
 
Full blown double!!! >gg< bdog



To: Instock who wrote (19181)7/10/1998 3:57:00 AM
From: Doug R  Respond to of 79284
 
Scott,

Keeping in mind that IFLY has a relatively short history (which makes TA less reliable), I get the impression from its profile that upside potential and downside risk are evenly balanced at this point. It's been my experience that when that occurs, the expectation of good news is already built into the price while lack of news or bad news tends to cause slippage. It takes REALLY good news to get another uptrend started. Any news that is less than earth shattering only causes a quick intraday spike that recedes just as quickly.

Did you happen to notice the volume on CADE today?

Doug R