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Microcap & Penny Stocks : Cade Industries -- Ignore unavailable to you. Want to Upgrade?

To: Bald Eagle who wrote (3266)9/29/1998 3:45:00 PM
From: Patric  Read Replies (1) | Respond to of 3563
 
Depends, I suppose. In the abstract low volume means very little to me. New interest in buying will likely boost the price up, whereas new interest in selling will probably push the price down. The only difference is, existing longs are already committed, and it's likely to take something negative (that would include market conditions) to cause most of them (us) to sell. New buyers just need to become aware and persuaded of the attractiveness of the stock to decide to buy (i.e. they may not need as much of a push). I do believe there is money out there looking for a new home. Some of it just needs to find its way to CADE! #B~]>



To: Bald Eagle who wrote (3266)10/5/1998 2:46:00 PM
From: Driver  Read Replies (1) | Respond to of 3563
 
Well, Bald Eagle....it looks as though we made the right move. Down goes the market....and down goes Cade! This is a bear market without a doubt. I base this observation on the continuous no. of new 52 week lows vs. 52 week highs. Not to forget all the other indices!! I certainly have no idea when the market will improve, but until the no. of new 52 week lows are less than the new highs....it looks more bearish than bullish.


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