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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?


To: doc who wrote (20343)1/22/1999 9:53:00 PM
From: richroni  Read Replies (1) | Respond to of 29386
 
Over on Yahoo, Asic_1 has pointed to Inrange's new FC9000 switch. I gather that he's indicating that Inrange has expanded their product offerings from Ancor to include MKII switches in addition to the original licensing arrangement.??



To: doc who wrote (20343)1/22/1999 10:47:00 PM
From: Greg Hull  Respond to of 29386
 
doc,

Thank you for the link. It explained the concept quite clearly:

"The formula is simply the cumulative sum of price times volume on upticks minus price times volume on downticks. Zero (unchanged) ticks are ignored."

Now I need to learn what causes the tick to change state. I'm under the impression that if supply and demand are in balance there is no change of state. If demand is greater we have an uptick and if supply is greater we have a downtick. A series of small sell orders might cause a 50 cent drop in price, but the money flow would be positive if a very large purchase occurred on an uptick.

Based on the comments I have been reading this week it sounds like a tool I should consider using. I appreciate the help.

Greg