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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Stoxx who wrote (2826)1/28/1999 1:06:00 PM
From: Atticus  Respond to of 39683
 
TC,

Thanks for the analysis! Will keep SCOUTing the volume. Hope it becomes a BTTT JEM!

Atticus



To: Dr. Stoxx who wrote (2826)2/4/1999 9:08:00 AM
From: Atticus  Respond to of 39683
 
TC,

<One of the clues to the answer is volume. And that is what would concern me with FORE right now. Volume is declining. What you want to wait for is a day or two of increasing volume, accompanied by a close each day above the day's open (green candles). The stock did this back in mid-November, two days before it popped up for a nice one day gain. That pattern is a sure sign of institutional interest, and/or insider buying.>

Just an update on FORE. Finally got a green candle yesterday. No one has tried to shoot it because of rabid volume, but it is increasing slightly.

timely.com

Atticus