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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (20312)12/2/1998 9:10:00 AM
From: JimBeamII  Read Replies (1) | Respond to of 119973
 
Rande -- Maybe. I'm not in WAVO so right now I'm feeling glad. Started to stay in yesterday afternoon but got cold feet. Didn't know enough about it.

But, regarding volume. I'm noticing on what has been referred to here as the "trend" stocks, that most of the companies that triple or quadruple their average volume tend to settle back down to their average in just a day or so. Once that happens, seems that the share price also hedges back toward the pre-trend line. Do you get the same read?

Properous Trading!
jb



To: Rande Is who wrote (20312)12/2/1998 9:15:00 AM
From: Maakamil  Read Replies (2) | Respond to of 119973
 
Simple question. Just got Level II quotes, and I'm trying to figure out what's going on. When lots of MM's with high lot sizes are stacked up on best bid, it indicates the stock may be going up.

And vice versa when the stacking is on the ask.

Is this generally correct?


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