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Strategies & Market Trends : gary smith shorts and longs

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To: drsvelte who wrote (426)4/11/1999 8:45:00 PM
From: backman   of 430
 
drsvelte/fortinwit, etal:

re: VDAT...comes up strong on a screen i use for stocks with 3 consecutive days with volume greater than 50dma....usually (but of course not always) pauses after such a run....news articles indicate it's on the bootstraps of the YHOO/BCST and RNWK runs....since this is a 3rd tier player in this universe, i'd pass for now, and wait for pullback

BTW, if you're interested in using this as a general TA site, focusing on price/volume patterns, i'd certainly be interested in expanding the scope of what happens here...

LOL
david
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