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Strategies & Market Trends : Attitude Alphabet Project

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To: Doug R who wrote (124)	6/13/1999 1:01:00 PM
From: Alski	Read Replies (1) of 670

JQUV report. JDAS & VVTV passed the Alski screen. Honorable mention for QSND. It has lots of good stuff in the charts but I didn't like the volume profile; or rather, the lack there of. It's at the apex of a couple of triangles with pinched BB's and other supporting technicals, and has several target constructions pointing to 4 3/4 (+44%). There's even a long term (1993) IHS bo possibility pointing to about 6, but I'm thinking if it breaks out it'll be a head fake. Still, if it head fakes up to pre-Internet hype resistance @ 4 1/8 there's a pretty good percentage in a flip. SO why don't I like the volume? Am I missing something? Maybe somebody else could have a look? JMCGC is an odd one. It hit two screens but is essentially out of business. Friday they confirmed a merger with a privately held, as they had originally announced back on March 25. Essentially a back door IPO so there is no "valid" chart to TA. Sometimes it helps to check the news. biz.yahoo.com UMED hit two screens but it's a takeover at 12 cash. Since it closed at 11 1/2 I suppose it ought to loose it's status as a carryover also. cbs.marketwatch.com FWIW...Alski

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