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Strategies & Market Trends : SPARKY'S CORNER

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To: Robet Butkus who wrote (4065)	6/29/1999 10:57:00 AM
From: Jeff Mulder	of 4142

I'm watching a couple stocks with solid bases that look like they might be ready to break out: CD has built a base within a base. First breakout would be at $20.50, the second about 10% higher than that. It belongs to the "retail - mail order" industry group, currently with a RS rank of 70 (B). IBD numbers are 82/66/B/A/A. The company is in the middle of a dutch auction buyback of shares. JMED working nicely out of an 8-month base on strong volume and an upgrade. IBD puts it in the "medical - ethical drugs" group, which has a pitiful RS rank of 30. The IBD numbers are 95/57/D/A/B. Other stocks in promising bases are ATMI, MTD, AMFM, AMAT. - Jeff

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