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[sharechat] a funny feeling...


From: oli@vodafone.net.nz
Date: Wed, 6 Sep 2000 22:47:16 +1200


A couple of things have struck me as noticeable in the last week and a bit. 


1. News in general has been very very quiet. There have been few loud noises
coming from anywhere (except the TEL shareholders - yeah, I thought 7 was the
bottom too...)

2. Even chatters are focussing away from the usual topics, sugesting that people
have little to say about the usual companies.  

3. I recall early this year a chatter posting some research he did on buying
on volume and the three month post-spike rise.  The theory was evident in a
number of volume graphs... little noise for a while, a sudden large spike in
volume over one or two days that had little or no effect on the price, followed
by a sustained surge around about two-four months later.  

4. I've just been through some random volume graphs of the last six months.
 There are about six companies I found where late July/early August there is
a big volume spike.  There has not been any effect on the price in any of 
them...
 and all has been very quiet from these companies in particular.

Am I just being optimistic?

BUT WAIT, THERE'S MORE: The one other factor going for these companies is that
I hold a couple of them and have to sell very very soon to get some cash.  
Undoubtedly
a sustained rise will follow shortly after I sell....


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