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To: William Epstein who wrote (11258)5/20/1999 9:44:00 AM
From: Herb Blair  Read Replies (2) | Respond to of 27311
 
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To: William Epstein who wrote (11258)5/20/1999 10:45:00 AM
From: P. Ramamoorthy  Read Replies (1) | Respond to of 27311
 
William, Re.:"...My guess it is the MMs accumulating for their own accounts, getting ready for another push up..."

Agree. The evidence? Last two days. How the price went up with ease on small orders of 300-500 shares? MM's should have a lot of inventory by now. Ram



To: William Epstein who wrote (11258)5/20/1999 12:01:00 PM
From: Rich Wolf  Read Replies (1) | Respond to of 27311
 
William, Welcome to the thread. Look forward to your observations. I'm relatively new to TA, though my professional background includes statistical analysis (hence my bias). I agree with you that TA is also a useful quantitative tool for "... confirming or disconfirming developing trends. This is important because what may appear to be a trend may have underlying anomalies which disconfirm it. Such as, a price rise even when money flow is falling. "