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Re: shoreco post# 147477

Wednesday, 09/03/2003 5:05:50 PM

Wednesday, September 03, 2003 5:05:50 PM

Post# of 704019
Actually, one observation should be noted, prior peaks often occur ed in close vicinity of volume peaks/new high peaks. I don't know if today was "it". Late May 30th, because of the local high volume (matched todays volume) and the P/C ratio and few other parameters, the model gave a false "sell signal", but the volume continued to expand into early June (I think it peaked just under 3 Billion shares on the Naz 6/6) and that peak (I think we had a major G&C that day), did not lead to any major retrenchment. It is quite possible that this run will have volume days matching those early June days, if that happens, it should also lead to higher prices.

AZH

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