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Re: Guardian post# 58601

Monday, 08/20/2007 5:31:12 PM

Monday, August 20, 2007 5:31:12 PM

Post# of 82105
guardian, I don't think there has been any appreciable dilution if any at all. If you look at the chart you will see that the accumulation/distribution matches the on balance volume almost perfectly. If there was dilution I would expect to see an increase in on balance volume but a drop in the accumulation/distribution line. That's not happening they are rising and falling together which tells me the recent drop has simply been retail selling. As traders believe we have bottomed again or are close I expect another rise.

Jut my opinion of course.