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Microcap & Penny Stocks : DIAMOND EQUITIES DDEQ

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To: The Saint who wrote (354)6/8/1999 5:48:00 PM
From: RICHARD KESSLER   of 1143
 
good info saint! in my humble opinion this is a healthy retracement to the last breakout area of the 350-370 area. continued closes below 350 on large volume indicates a test of the 280-300 area. the weekly chart says the same thing. this market rallied from 187 to 649 it needed to fall back and base. im hoping for a test of the breakout in the next couple of days if you use the 1,3,5,8 rule and then a test of current highs of 649. continued closes above 649 on good volume indicates a new target of 950. REMEMBER EVERYONE YOU HAVE TO SQUAT BEFORE YOU LEAP. hang in there
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