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To: Jane4IceCream who wrote (43808)5/18/1999 4:08:00 PM
From: bullmarket  Read Replies (2) | Respond to of 50264
 
another good sign at the close: bid/ask got pushed up with no sell off.
there is a lot of buying pressure lately, IMO. In the past, this stock price could not be sustained with no news. Over the last month, the price has been maintained and steadily increased. This would suggest the buyers are not daytraders (there has been no news) but people who are interested in accumulating.



To: Jane4IceCream who wrote (43808)5/18/1999 4:09:00 PM
From: Howard C.  Read Replies (1) | Respond to of 50264
 
Looks like a strong finish. I agree with your analysis, looks like a whole bunch of small traders coming in here, the avg trade size is less than 2000 shares, and it's been very low volume until the last week or so. It's now around 5 times as many trades/volume as before. So are these fickle day traders or long term holders? Is this a strong base or can it collapse in the blink of an eye if news does not come out?


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