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Here's more nonsense, dispatched today: you can tell when a stock will rise based on institutional buying. This is supposedly not only because of the volume, but also of the commitment (in length of time) institutional buyers typically make. The article goes on to say:

Because the accumulation takes place over prolonged periods, it's probable the stock will make a significant advance thanks to those institutional traders who are buying.

This is just plain garbage. It assumes that in the period of accumulation following a purchase, the value of a company will stay relatively constant and the price will increase primarily due to institutional buying. But institutional buying can't prop up a stock that will ultimately fall on account of subsequent bad news.

This article, in effect, asks individual investors to adopt a herd mentality and blindly trust the big banks. Has IBD learned nothing from the last five years?