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To: Jan Crawley who wrote (18800)9/28/1998 3:30:00 PM
From: M. Frank Greiffenstein  Read Replies (1) | Respond to of 164684
 
Inflection point...

IF refers to a specific intraday price-volume pattern. It describes the situation where a stock zooms on decreasing volume, then collapses on increasing volume. Imagine a graph with volume forming a "V" and price forming a reverse "V". Psychologically, it refers to a change in sentiment with buyers drying up as stock peaks, and sellers increasing as stock falls from peak.

I'll post the 15 day intraday pattern after market closes. Maybe a good one formed.

DocStone



To: Jan Crawley who wrote (18800)9/28/1998 3:50:00 PM
From: Bill Harmond  Read Replies (2) | Respond to of 164684
 
Bought my covered calls back. Made a whopping 1 1/4.