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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: James L. Fleckenstein who wrote (974)8/3/1997 4:10:00 PM
From: Instock   of 79327
 
james: In april MVSI was up apx. 100% and MVSIW were up apx. 130% in 3 or so days. Like the common better now that the price is up a bit.
What caused the BIG jump? MVSI recieved permission to stop trading on the small cap Nasdaq and start trading on the Large National Market Nasaq.
That on top of some positive news the weeks before about Company Stock repurchase and expected earnings.These two things were the gasoline. These two stories moved it a bit but the thing that lit the gasoline of fire was the Nasdaq National Market Listing.

This time: Earnings should be very good. The company did NOT come out with projection of earnings as they have done in the past. Thats good, because earnings in the past were almost a non event. Should be hard numbers in the earniings about thier aquasition of Expert.
may also be some news in there about the Ford Moter Co. contract.
Looks like the company is going to purchase shares of their own stock for the company pension plan. This has been filed with Edgar but I have not seen it yet. Closed my edgar account, darn!

Check the MVSI thread for more details.

Which to buy?? Both are so hot its hard to say.
Ask doug what the charts say.

My gut is that MVSI will do better for the first three days and RECY will do better last part of the week. Monday RECY might do a bit better but Tueday and Wednsday MVSI should rule.
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