Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: ACAN who wrote (5153)	9/23/1999 1:07:00 PM
From: James Strauss	Read Replies (1) of 13094

IFLO... Allan: Here is a Point & Figure chart: charts.barchart.com It is going to surpass a row of 5 X's today... This is a Qunituple top breakout... The more tops the better... : > Add to this the relatively high volume and the strong Relative Strength compared to the market, and you have the makings of a breakout to new highs... TA usually precedes the fundamentals... In other words, investors a betting that IFLO will have a good Qtr... Also, this kind of volume is reflective of institutional buying... Jim

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