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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Shea who wrote (5148)4/7/1999 12:48:00 PM
From: Rande Is  Respond to of 57584
 
Something I haven't made clear. I think TUNE run has little to do with float and more to do with accumulation. The SIEB run was on just 600k float. However, with volume increase and length of run, we could see the float dry up more frequently.

This thing moves rather slowly. . . I am finding trading to be rather predictable. I saw a coiling on chart of TUNE today that was fairly easy to spot and sure enough a pop followed.

Yesterday's volume was just under 7 million. Today's is already over 5 million. So today's volume will easily surpass yesterday's. . .another indication that this run is far from done. . . runs of last April tended to go on for 3 or 4 days, unlike those of recent months which have been just a few hours. No explanation for why that is.

Rande Is