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Microcap & Penny Stocks : ACRT about to move to new highs
ACRT 0.110-7.6%Dec 30 4:00 PM EST

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To: Jonathan Cleveland who wrote (311)2/10/1997 6:27:00 PM
From: Doo   of 7054
 
Not "boon", Jonathan, BOOM. That is the symbol for Dynamic Materials which is another CANSLIM type stock. I was pointing out a weekly "flag" in the BOOM chart and suggesting that ACRT might form that type of flag up here in the stratosphere.

Do I think that ACRT could still form that pattern? Maybe, but the volume today was impressive. In BOOM, I'm watching weekly volume, so today by itself is probably not dispositive. Hey, if it breakouts out again without forming that pattern or some other sideways basing pattern, I'd be 0 for 3 in chart analysis on this stock. I could become as powerful a contrarian indicator as Elaine Garzerelli (sp?).

Just watch out when I really start getting bullish on this stock!!!

Your sources tell you that the big blocks were market makers, buyers, sellers, what.....? I didn't understand your comments. And who were all those 10k hitters?

Thanks. I hope that rumor is true. I'm a big RS fan. They got some of my dough.
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