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Technology Stocks : FORE Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Ed Frye who wrote (9915)12/9/1998 11:39:00 AM
From: Ed Frye  Read Replies (1) | Respond to of 12559
 
Volume Theory 101 --- The greater the volume, the greater the force behind the move...

1.75 MM shares traded first hour this morning (ave < 0.5 MM shares/hour).

Thus, there was great force behind this morning's gap up open and push to 19.

0.5 MM shares traded during second hour.

Price has retreated to a retest of daily low @~18.5 on ave vol.

"A single arrow is easily broken, but not ten in a bundle".... ........Japanese Proverb

ed