[CANSLIM] FDRY volume

From: "Dave Wood" <davewood@together.net>
Subject: [CANSLIM] FDRY volume
Date: Fri, 22 Aug 2003 11:36:23 -0400

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Hi,

I did not buy FDRY on yesterday's breakout because volume wasn't up =
130%. But I have been watching it today, and have a question. When the =
stock trades back to its breakout range ( 18.56-18.61) some larger =
trades occur. I saw an 800,400, and 10,000 share trade go by at these =
prices. Does this indicate institutions are supporting the breakout? Is =
this generally a good sign?=20

Thanks,

Dave

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<DIV><FONT face=3DArial size=3D2>Hi,</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>I did not buy FDRY on yesterday's =
breakout because=20
volume wasn't up 130%. But I have been watching it today, and have a =
question.=20
When the stock trades back to its breakout range ( 18.56-18.61) some =
larger=20
trades occur. I saw an 800,400, and 10,000 share trade go by at these =
prices.=20
Does this indicate institutions are supporting the breakout? Is this =
generally a=20
good sign? </FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>Thanks,</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>Dave</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV></BODY></HTML>

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