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Avid Technology, Inc. Message Board

  • semper_spqr semper_spqr Jan 16, 2003 2:13 PM Flag

    On balance vol

    I just checked in and OBV is crashing while the stock price continues to inch up from 21.79

    This is fun to watch.

    Who's betting on another last minute rally to close up? I am. It certainly makes for a rosey chart and momentum players place lots of weight on these end-of-the-day figures.

    Intra-day is painting a completely different picture. Massive selling at the bid.

    It's very interesting to watch this unfold. No wonder these investment houses are being sued for billions. This kind of manipulation should be illegal. Why isn't it? Anyone know the law for sure?

 
AVID
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