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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: HandsOn who wrote (869)	10/4/1998 5:55:00 PM
From: LastShadow	Respond to of 43080

INFM & ESCMF This stock had a ton of selling pressure on Friday, and would need to go above 6 to generate a buy signal. ESCMF had a similar dump, but interestingly it has been a a fairly even, albeit slow climb in the last 4 days. I would look for entry at $7.75 if it can sustain about 75% of Friday's volume. I don't really see any MM accumulation, though, as that owuld have evidenced by long spikes down to pick up shares with stops or limit sells on them. the only MM action seems to be to fill long ordrs at a higher rate. ls