EnviroTechnologies International Inc. (ETII)

[punk153]

There has been lots of accumulation on the way up as well as the way down in the pps. This means that is likely that the people accumulating won't sell many of their shares till a much higher pps. This selling will occur and other will start to accumulate the shares that are sold.

There has to be a buyer for every seller and the accumulation/distribution line shows the demand for those buys versus sells. A very sharp decrease in price with very little volume means that there wasn't a demand for the shares and the seller had to sell and a discounted rate. There will likely be a high volume of selling though and the significance of the drop will effect the Acc/Dist line because of it. Likewise, I huge increase in the pps with very little volume means that their is lots of demand, but very few shares. There will likely be a lot of volume once that sell point is reached for the longs and this will also carry over into the Acc/Dist graph.

The current Acc/Dist graph tells me that buyers continue to support the stock and they are waiting for further news. The pps will adjust to the Acc/Dist graph much like a spring that has been depressed once this buying demand is set off.

Your questions are always very sound and just Housh. It is very hard to find an answer to many of your questions. The last two posts to you are the best way I can explain the Acc/Dist line and its significance.

IMO