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tregaron

02/24/10 10:58 AM

#32399 RE: enemem #32398

I tend to agree with you enemem; it's mostly short-term traders looking for a quick flip. Actually, based on average daily volume and price, about $500K has traded hands since the first of the year.
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PATCOcontroller

02/24/10 12:24 PM

#32400 RE: enemem #32398


N and M-

"Has anybody bothered to do a Freto-style pincher analysis of corx?"


No, but once I did a "Frito style pincher bug and guacamole dip."

Is that close?

Seriously, I think you answered my question, just a lot of cheap
speculation. Rough calculation, about $660,000 worth of stock traded in first two months. More than that traded in PFE in the time it took
me to type this.

Have a great day-DT

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corwatcher

02/24/10 12:31 PM

#32401 RE: enemem #32398

since the beginning of the year is well below $100K.

Ememem,

The volume hasn't been anything to get excited about, and I haven't calculated the totals of money transacted, but on 1/15 there was approximately 90k changing hands on that day alone.

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gfp927z

02/25/10 1:35 PM

#32416 RE: enemem #32398

Enemem, >>> Has anybody bothered to do a Freto-style pincher analysis of corx? <<<


Cortex was 'pinched' (ADX/PPO convergence) for ~2 weeks in early-mid January, though not as tightly as it was in Fall 2007.