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Non-Tech : Amati investors
AMTX 1.645-0.3%Nov 25 3:59 PM EST

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To: kenneth kountz who wrote (12715)3/25/1997 6:10:00 PM
From: John Morrison   of 31386
 
[Guess Update] Well 13 1/4 is more likely now than 14 1/4, since we didn't get any movement Monday or Tuesday. There are some indictions which are positive. A couple fired (changed to positive) today.

Wilder's RSI is positive -- fired yesterday.
Stochastics is positive -- fired yesterday.
VP Trend is positive -- fired today.
MACD Oscillator is positive -- fired today.
Money Flow RSI is positive -- fired today.
Commodity Channel Index is positive -- fired today.

The rate of change of the exponentially smoothed average price is rising, indicating accumulation is occurring.

The price has reached a 6 month low which is not confirmed by an equivalent On Balance Volume low -- this is bullish.

The 50 day moving average is 13 1/4 and the 200 dma is 16 29/32. If we could get the 200 to cross up over the 50, then holders would have a good day. Anyone patient enough to hold for a year has the possibility of good appreciation ahead as the company nears the profit corner -- I believe.
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