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Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?


To: Augustus Gloop who wrote (7410)5/7/1999 11:14:00 AM
From: David Wise  Read Replies (1) | Respond to of 30916
 
Nas, down on low volume can also mean not many people are willing to sell at the lower prices. A lot of stocks were low volume yesterday as the market went down. For me this was hope that only those panicking were selling. But only time will tell if it really meant that people were not willing to buy even at the lower prices.

On average, my stocks have returned to higher prices after a market downturn in which my stocks saw low volume. Question is, will the bond market pick up after the good employment and wage news today? Stay tuned!

Peace!!!



To: Augustus Gloop who wrote (7410)5/7/1999 11:24:00 AM
From: blankmind  Read Replies (3) | Respond to of 30916
 
clearly sell-off on small volume should not worry you. just means small investors selling, large volume and down should set off the alarms since that would involve the large holders, not the queasy small investor who worries no news in a week and can not wait, unlike institutions which have a long term outlook.

idtc has bounced back quite quickly as volume returns from these sell-offs on small volume. clearly the big guys have confidence.